Premier Bank announces dividend decision

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Premier Bank announces dividend decision

Premier Bank PLC, which is listed in the capital market, has announced that it will not distribute a dividend for the financial year ending December 31, 2024.

This decision was made following the review and approval of the audited financial statements from the previous financial year during a board of directors meeting held on Wednesday, August 27. Relevant sources disclosed this information.

As per the source, the bank’s consolidated earnings per share (EPS) for the year in question stood at 1 taka 9 paisa, compared to 3 taka 37 paisa in the previous year.

The net asset value per share (NAVPS) of the company as of December 31, 2024, was recorded at 21 taka 73 paisa. The bank has yet to confirm the date and location for its annual general meeting (AGM).

The company’s AGM is scheduled to take place on the digital platform on Monday, October 13, at 11 am. The record date for determining eligibility to attend the AGM has been established as September 17.

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