ICB Asset Mgmt Co approves 150pc dividend

ICB Asset Management Company Ltd (a subsidiary of ICB) approved 150 per cent  dividend (100% cash and 50% Stock) per share for FY 2022-23 at its 23rd Annual General Meeting held at Grand Summit-2 (Level-6), Dhaka Regency Hotel and Resort Ltd, Airport Road, Nikunja-2, Dhaka on Saturday, says a press release.

The meeting was presided over by Professor Dr. Md. Kismatul Ahsan, Chairman of the Board of Directors of the Company.

Chief Executive Officer Mrs. Mahmuda Akhter and other Directors/Shareholders of the Company were present in the meeting.
The Annual Accounts of the Company for the year ended 30 June 2023 was approved in the meeting.

During FY 2022-23, the Company earned a net profit of Tk. 66.72 crore. Earnings per share of Tk. 100.00 each stood at Tk.169.45.