Prime Finance okays 20pc cash, 10pc stock dividends
Prime Finance and Investment Limited has approved a 30 percent dividend comprising a 20 percent cash and a 10 percent stock dividend for the shareholders for the year 2006.The approval of the dividend was given at the 11th annual general meeting of the company held in Dhaka on Sunday with its Chairman Md Aminul Haque presiding, says a press release. The company enjoyed a strong growth in operating profit during the fiscal year 2006 representing a 20.6 percent growth over the last year. Total investment of the company stood at Tk 3.47 billion in the fiscal year 2006 as against Tk 2.93 billion in the fiscal year 2005 showing 18.43 percent increase over 2005. Earning per share (EPS) has increased to Tk 34 in the FY 2006 as against Tk 32.09 of the previous year.
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