Padma Oil Company, Shahjalal Islami Bank Limited and Export Import (EXIM) Bank of Bangladesh on Sunday declared dividends for the year that ended respectively on June 30 and December 31, 2011.

The Board of Directors of Padma Oil recommended 50 percent cash dividend (Tk 5.00 per share of Tk 10.00 each) and 50 percent stock dividend for the year ended on June 30, 2011.

The annual general meeting of the company will be held on June 28 at Main Installation, Guptakhal, Patenga, Chittagong while June 11 has been fixed as the record date, according to the Dhaka Stock Exchange (DSE) web post.

The Board of Directors of Shahjalal Islami Bank Limited announced 25 percent stock dividend for the year that ended on December 31, 2011.

The annual general meeting of the Bank will be held on June 19 at the Hall of Fame, Bangabandhu International Conference Centre in the city.

Meanwhile, the Board of Directors of EXIM Bank recommended only 14 percent stock dividends for the year that ended on December 31, 2011.

The Daily Sun/ Bangladesh/ 14th May 2012