NLI First Mutual Fund declares 17.5% dividend

NLI First Mutual Fund declared a 17.5% cash dividend for the year ended on June 30, 2021. 

In a filing with Dhaka Stock Exchange on Thursday, the fund also reported earnings per unit (EPU) of Tk3.14 for the financial year ended in June 2021, a 513% rise from Tk0.76 a year earlier. 

During the same period, its net asset value (NAV) per unit at market price stood at Tk15.32 as against Tk11.22 a year earlier. 

Back in the year 2020, NLI First Mutual Fund offered a 5% cash dividend. Its closing price after the end of Thursday’s session was Tk.17.9.