Business Desk :
For the year 2020, the Board of Directors of Grameenphone Limited has announced a final dividend in cash at the rate of 145% of the paid-up capital, or Tk 14.5 per share of Tk 10 each. With this cash dividend pay-out, the total cash dividend stands at 275% of the paid-up capital, including the previous 130% interim cash dividend pay-out, amounting to 99.86% of Profit After Tax for the year 2020.
The declaretion came out from the 24th Annual General Meeting (AGM) of the company has concluded successfully on Monday. In compliance with the instructions by the Bangladesh Securities and Exchange Commission and considering the health and safety of all the attending shareholders, staff, and others during the ongoing COVID-19 situation, for the second consecutive time, Grameenphone conducted its AGM virtually over a digital platform, said a press release.
Jorgen C. ArentzRostrup, Chair of Grameenphone Board; Yasir Azman, CEO of Grameenphone, and other Board members and senior officials of the company, were present virtually in the AGM conducted by the company Secretary, S M Imdadul Haque, said a press release.
Yasir Azman, CEO Grameenphone, said, “In 2020, we were agile, innovative and delivered a solid performance by running our operations following contingent ways of work in the face of Covid-19 pandemic and natural calamities while ensuring the safety of our employees and our supply chain partners. We are grateful to the Government, regulators, authorities, and development partners for their guidance and collaboration in our endeavours to devise a series of responses; to aid frontline health professionals, stand by the most vulnerable members of our community, driving mass awareness, and keeping our network up and running during the most challenging time.”
