Wednesday, December 9, 2009

DIVIDEND ANNOUNCEMENTS

(click on the image for a bigger version)

# commercial bank X (Non voting).This is the second interim dividend  that the company offered withing three months  period.They gave Rs 1.50 as first interim earlier.Another dividend  in excess of Rs 2.00 can be expected on back of improved perfomance of the bank.

Price @120,it gives a dividend yield of 4.1% which equals to savings deposit rate offered by most of sri lankan banks.

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