Eastern Bank declares 20pc cash, 25pc stock dividends
Eastern Bank Ltd (EBL) has declared a 20 percent cash dividend and a 25 percent stock dividend (bonus share) for its shareholders for the year 2006.The dividends were approved at the 15th annual general meeting (AGM) of the bank held on Tuesday in Dhaka, says a press release. Chairman of the bank AQI Chowdhury presided over the AGM, which was also attended by directors AM Shaukat Ali, Ahmed Jamal, Mahbuba Hossain, Asif Mahmood and Meah Mohammad Abdur Rahim, and Managing Director K Mahmood Sattar among others.
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