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GP declares 95% interim dividend

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Staff Reporter
Grameenphone, country’s largest mobile phone operator, on Tuesday announced 95 percent interim cash dividend for its shareholder.
“Board of Directors of the Company has declared 95 % interim cash dividend for the year ending on 31 December 2014, out of the provisional net profits of the Company for the half-year ended on 30 June 2014 and retained earnings as of 31 December 2013,” said a media note.
The Company has also reported net profit after tax of Tk 10,601.27 million, EPS (earnings per share) of Tk 7.85 and NAV (net asset value) per share of Tk. 25.91 for the half-year ended on 30 June 2014.
The Company has set August 5 as record date for entitlement of interim dividend.
There was no price limit on the trading of the shares of the Company today following its corporate declaration.