CAPM IBBL Islamic Mutual Fund declares 13.5% dividend

CAPM IBBL Islamic Mutual Fund declared a 13.5% cash dividend for the year ended on June 30, 2021. 

The dividend was declared based on the distributable income and retained earnings, the fund said in a filing with the Dhaka Stock Exchange on Monday.

The fund also reported earnings per unit (EPU) of Tk1.89 for the year ended on June 30, 2021, up from Tk0.48 in the negative for the same period of the previous year.

CAPM IBBL Islamic Mutual Fund made its debut on Dhaka Stock Exchange on March 5, 2018. The fund offered an 8% cash dividend back in the year 2019. 

During Monday’s trade, the closing price for each of its units was Tk20.1.