IPDC Finance Ltd has declared a 12% cash dividend for the year 2020 in its 39th annual general meeting (AGM) held on Sunday.
The meeting took place virtually at 9.30 am on the day, reads a press release.
Md Abdul Karim, chairman of IPDC Finance, presided over the meeting, it added.
Apart from the shareholders, other attendees of the meeting included directors nominated by Brac, Ayesha Abed Foundation, RSA Capital Limited, Bluechip Securities Limited and Government of the Peoples' Republic of Bangladesh.
Mominul Islam, managing director and CEO, Samiul Hashim, company secretary, Fahmida Khan, chief financial officer, and other senior officials of the management committee of IPDC Finance also attended the meeting.
The chairman concluded the meeting with a vote of thanks to all the attendees.