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Padma Life declares 2pc cash dividend


Published : 22 Apr 2022 09:26 PM | Updated : 22 Apr 2022 09:27 PM

Padma Life Insurance Limited has recommended a 2 percent cash dividend for its shareholders for the year ended on December 31, 2021, which is already been paid as an interim dividend.

The dividend payout was recommended at the company’s board of directors meeting.

However, final approval regarding the dividends will come during the Annual General Meeting (AGM) scheduled for June 19, 2022, said the company in a filing with the Dhaka Stock Exchange on Thursday.

The record date for the distribution of the declared dividend among the shareholders has been fixed as May 29, 2022.

There will be no price limit on the trading of the shares of the Company today (April 21) following its corporate declaration.