Dividend

Dividend Distribution Policy

The Board of Directors has established a dividend policy, which forms the basis for the proposals on dividend payments that it makes to the Shareholders taking into consideration the business performance of the Company and its strategic initiatives. The Board believes that it is in the best interest of Grameenphone to draw up a long-term and predictable dividend policy. The objective of the policy is to allow the Shareholders to make informed investment decisions. The Board has approved the following dividend policy:
“The dividend policy is to pay minimum 50% of the net profit after tax depending on the financial health and capital requirement of the Company with an aim to have a consistent growth in dividend payout. Grameenphone shall aim for as frequent dividend distribution as possible. Grameenphone can consider special dividend payments such as interim dividend subject to the company’s business performance and cash availability.”

Historical Dividend Disbursement

The following table represents historical dividend disbursement from Grameenphone:

For the Year Dividend Rate Dividend per Share (in BDT) Per value of Share (in BDT) Dividend Type Date of AGM/EGM
2020 (Final) 145% 14.5 10.00 Cash Recommended at the Board Meeting, 27 Jan 2021 Subject to Approval at the 24th AGM on 19 April 2021
2020 (Interim) 130% 13.00 10.00 Cash Board Meeting, 14-Jul-20
2019 (Final) 40% 4.00 10.00 Cash Approved in 23rd AGM on 21 April 2020
2019 (Interim) 90% 9.00 10.00 Cash Board Meeting, 14-Jul-19
2018 (Final) 155% 15.50 10.00 Cash Approved in 22nd AGM on 23 April 2019
2018
(Interim)
125% 12.50 10.00 Cash Board Meeting, 15-Jul-18
2017
(Final)
100% 10.00 10.00 Cash Approved in 21st AGM on 19 April 2018
2017
(Interim)
105% 10.50 10.00 Cash Board Meeting, 12-Jul-17
2016
(Final)
90% 9.0 10.00 Cash Approved in 20th AGM on 20 April 2017
2016
(Interim)
85% 8.50 10.00 Cash Board Meeting, 17-Jul-16
2015
(Final)
60% 6.00 10.00 Cash Approved in 19th AGM on 19 April 2016
2015
(Interim)
80% 8.00 10.00 Cash Board Meeting, 14-Jul-15
2014
(Final)
65% 6.50 10.00 Cash Approved in 18th AGM on 21 April 2015
2014
(Interim)
95% 9.50 10.00 Cash Board Meeting, 21-Jul-14
2013
(Final)
50% 5.00 10.00 Cash Approved in 17th AGM, 9 April 2014
2013
(Interim)
90% 9.00 10.00 Cash Board Meeting, 17-Jul-13
2012
(Final)
50% 5.00 10.00 Cash Approved in 16th AGM, 10 April 2013
2012
(Interim)
90% 9.00 10.00 Cash Board Meeting, 21-Jul-12
2011
(Final)
65% 6.50 10.00 Cash Approved in 15th AGM, 10 April 2012
2011
(Interim)
140% 14.00 10.00 Cash Board Meeting, 18-Jul-11
2010
(Final)
85% 8.50 10.00 Cash Approved in AGM, April 19, 2011
2010
(Interim)
35% 3.50 10.00 Cash Board Meeting, 22-Oct-10
2009 60% 6.00 10.00 Cash June 08, 2010
2008 13% 0.13 1.00 Cash March 23, 2009
in 2008(1) 400%     Bonus Shares July 15, 2008
2007 62% 26.66 43.00 Cash March 25, 2008
2006 60% 25.80 43.00 Cash June 25, 2007
2005 50% 21.50 43.00 Cash June 27, 2006

Summary of Unclaimed Dividend

Unclaimed Dividend Download
Unclaimed/Unpaid Dividend as of 31 MAR 2021  
Unclaimed/Unpaid Dividend as of 31 DEC 2020  

 

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