Private lender specialized in real-estate, DBH Finance has maintained its earnings and dividend payout for 2023 amid rising interest rates across the economy.
The company held a board meeting on Monday to consider the audited financial statements and recommend a dividend for 2023.
DBH Finance reported an earning of Tk4.95 per share or Tk98.5 crore for the year, which is slightly down by 3.13% in comparison to the previous year.
Earnings of Tk1.29 per share or Tk25.7 crore came from the fourth quarter, reflecting the steady performance in the company profitability.
The non-banking financial institution recommended a cash dividend of 15% on its face value of Tk10 per share for 2023, which is the same as the dividend last year.
Record date for the cash dividend has been set on April 9, according to the announcement made on the company website.
Date for the annual general meeting has been fixed on May 16, which will be held through a hybrid system, added the press release.
Currently, the sponsors and directors of the company hold 51.32% of its shares, while institutional investors 23.32%, foreign investors 13.89% and general investors 11.47%.
DBH Finance was listed with the bourses in 2008.