B Mirror Desk :
The capital market-listed Standard Bank PLC has declared its dividend policy for the fiscal year that ends on December 31, 2024. For the relevant year, the bank will not provide any dividends to its stockholders.
At the bank’s board of directors meeting on Wednesday, May 28, the audited financial accounts of the most recent fiscal year were reviewed and approved before the dividend decision was made. This information came from sources within the DSE.
According to the source, the bank’s earnings per share (EPS) in the year in question was 74 paisa. The bank’s EPS in the previous year was 1 taka 24 paisa.
The bank’s annual general meeting will be held on August 14 through a hybrid platform. The record date for this has been set for June 29.
