A publicly traded firm in the banking industry, BRAC Bank PLC, has declared its dividend policy for the fiscal year that concluded on December 31, 2024.The company’s dividend to shareholders for the relevant year will be 25 percent.The remaining 12.5% is a bonus, and the remaining 12.5% is a cash dividend.
At the company’s board of directors meeting on Monday, April 28, the audited financial report for the most recent fiscal year was reviewed and approved, and the dividend decision was made. It was disclosed by sources within the company.
The source claims that the corporation made 6 taka 95 paisa in 2024 in consolidated earnings per share. Earnings were 4 taka 30 paisa per share the year before.
Last year’s consolidated cash flow per share was 6 taka 91 paisa, up from 37 taka 5 paisa the year before. As of December 31, 2024, the company’s consolidated net asset value per share (NAVPS) was 44 taka 11 paisa.
The annual general meeting (AGM) of the corporation will take place virtually on June 19 at 11:00 a.m. May 25 has been designated as the record date for this.
