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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Dividend is soon for Commercial Bank

Dividend is soon for Commercial Bank

3 posters

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1Dividend is soon for Commercial Bank  Empty Dividend is soon for Commercial Bank Tue Jan 18, 2022 9:10 pm

Ros123


Equity Analytic
Equity Analytic

Normally COMB declares driving early in the 4th week of January. This time Cash Dividend of Rs.5 is possible and script dividend is also possible

lion


Manager - Equity Analytics
Manager - Equity Analytics

There is a Central Bank estriction on banks paying cash dividend, pls check.

3Dividend is soon for Commercial Bank  Empty Dividend is soon for Commercial Bank Tue Jan 18, 2022 10:08 pm

Ros123


Equity Analytic
Equity Analytic

lion wrote:There is a Central Bank estriction on banks paying cash dividend, pls check.

That was for last year. there is no restriction this year. please share if you have for this year

lion


Manager - Equity Analytics
Manager - Equity Analytics

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.ft.lk/front-page/CBSL-temporarily-suspends-2021-interim-or-final-cash-dividends-by-banks/44-720767&ved=2ahUKEwjUgb3r3Lv1AhUPqpQKHU7NBM4QFnoECBQQAQ&usg=AOvVaw3WMpBYY3NNZJ9xf0S3Kw3S

Ros123 likes this post

nirowat


Manager - Equity Analytics
Manager - Equity Analytics

Same was applied last year. Restrictions are only till final accounts are finalized and like last year they are likely to pay both cash and scrip. 

Same will be the case for all banks, it’s dividend season 👍

Ros123 likes this post

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