Grameenphone declares 105% interim cash dividend

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Grameenphone declares 105% interim cash dividend

Listed mobile operator Grameenphone has declared a 105% interim cash dividend for the first half of 2026, while Padma Islami Life Insurance has decided not to distribute any dividend for the 2025 financial year.

The companies disclosed their board decisions separately through the Dhaka Stock Exchange (DSE) on Wednesday after their respective board meetings held on July 14.

Grameenphone’s board approved an interim cash dividend of 105%, or Tk 10.50 per share, based on the company’s financial performance for the January–June 2026 period. The record date to determine shareholders eligible for the dividend has been fixed for August 12.

The telecom operator reported earnings per share (EPS) of Tk 10.52 for the first six months of 2026, down from Tk 11.21 in the corresponding period a year earlier, a decline of about 6%.

For the second quarter (April–June), EPS stood at Tk 5.62, compared with Tk 6.51 in the same quarter of 2025, representing a 14% year-on-year decrease.

As of June 30, 2026, the company’s net asset value per share (NAVPS) was Tk 41.51.

Meanwhile, the board of Padma Islami Life Insurance resolved not to recommend any dividend for the year ended December 31, 2025.

The insurer will seek shareholder approval for the no-dividend decision and other agenda items at its Annual General Meeting (AGM) scheduled for September 17. The record date has been set for August 6.

 

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