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 YearDividend RateDividend per Share (in BDT)Per value of Share (in BDT)Dividend TypeDate of AGM/EGM
2020 (Final)145%14.510.00CashRecommended at the Board Meeting, 27 Jan 2021 Subject to Approval at the 24th AGM on 19 April 2021
2020 (Interim)130%13.0010.00CashBoard Meeting, 14-Jul-20
2019 (Final)130%13.0010.00CashApproved in 23rd AGM on 21 April 2020
2019 (Interim)90%9.0010.00CashBoard Meeting, 14-Jul-19
2018 (Final)155%15.5010.00CashApproved in 22nd AGM on 23 April 2019
2018
(Interim)
125%12.5010.00CashBoard Meeting, 15-Jul-18
2017
(Final)
100%10.0010.00CashApproved in 21st AGM on 19 April 2018
2017
(Interim)
105%10.5010.00CashBoard Meeting, 12-Jul-17
2016
(Final)
90%9.010.00CashApproved in 20th AGM on 20 April 2017
2016
(Interim)
85%8.5010.00CashBoard Meeting, 17-Jul-16
2015
(Final)
60%6.0010.00CashApproved in 19th AGM on 19 April 2016
2015
(Interim)
80%8.0010.00CashBoard Meeting, 14-Jul-15
2014
(Final)
65%6.5010.00CashApproved in 18th AGM on 21 April 2015
2014
(Interim)
95%9.5010.00CashBoard Meeting, 21-Jul-14
2013
(Final)
50%5.0010.00CashApproved in 17th AGM, 9 April 2014
2013
(Interim)
90%9.0010.00CashBoard Meeting, 17-Jul-13
2012
(Final)
50%5.0010.00CashApproved in 16th AGM, 10 April 2013
2012
(Interim)
90%9.0010.00CashBoard Meeting, 21-Jul-12
2011
(Final)
65%6.5010.00CashApproved in 15th AGM, 10 April 2012
2011
(Interim)
140%14.0010.00CashBoard Meeting, 18-Jul-11
2010
(Final)
85%8.5010.00CashApproved in AGM, April 19, 2011
2010
(Interim)
35%3.5010.00CashBoard Meeting, 22-Oct-10
200960%6.0010.00CashJune 08, 2010
200813%0.131.00CashMarch 23, 2009
in 2008(1)400%  Bonus SharesJuly 15, 2008
200762%26.6643.00CashMarch 25, 2008
200660%25.8043.00CashJune 25, 2007
200550%21.5043.00CashJune 27, 2006

Summary of Unclaimed Dividend

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

 

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