DBH First Mutual Fund declares 12% dividend

DBH First Mutual Fund has declared a 12% cash dividend to its unit holders.

The dividend was based on the net Income and retained earnings for the year ended June 30, 2021. 

The mutual fund last offered an 8% cash dividend in the year 2019.

In a filing to Dhaka Stock Exchange on Monday, the fund also reported a massive 297.22% increase in its earnings. 

The fund’s earnings per unit (EPU) of Tk2.13 for the year ended on June 30, 2021, as against Tk1.08 in the negative for the same period of the previous financial year.

The closing price for each of its unit was Tk9.7 during Monday’s session.