SBAC Bank declares dividend

Capital listed banking sector company South Bengal Agriculture and Commerce Bank Limited’s Board of Directors has declared  8 percent dividend for its shareholders.It’s 4 percent cash and 4 percent stock.

This information has been known from the company sources.

It is learned that the company has declared the dividend after reviewing the financial statements for the financial year ended December 31, 2020. At this time, the company’s earnings per share (EPS) has been Tk 1.39. At the same time last year, EPS was Tk 1.41.

The company will hold its annual general meeting (AGM) on October 21 to approve the dividend. The record date has been set for September 28.

Sunbd/NJ