About

Today 21^st February 2011, the Seylan Bank PLC announced to the Colombo Stock exchange, the company has declare the First and Final Dividend of Rs.1 per Voting and non Voting shares. This dividend is for the financial year of 2010.

The Above Dividend announcement subjective to the shareholders approvals on 30^th march 2011.

Further the company says the Ex dividend date will be 31^st March 2011and the payment will be on 8^th April 2011.

Today share Price trend

Today 21^st February 2011, the markets open the price on Rs.91.30 and closed by Rs.90.20. the day trends was Rs.89.20 to Rs.94.40.

My Hopes

As compare to the other banks. the dividend is not good enough, but we can assume the Seylan Bank PLC may involve in the future development; therefore the dividend is lesser compare to the other banks in industry.

Source: http://www.cse.lk/companiesprofile/announcments.htm?id=42&symbol=SEYB.N0000

Related Posts via Categories

• National Development Bank (NDB) Debenture issue is Oversubscribed
• Sri Lanka’s first pharma zone to open with US$ 10 million investment
• Car registrations down by 40%, three wheelers by 50% in 2017
• Investment in logistic projects in Muturajawela
• Avoid Cash or Cheques payment, and try SLIPS (Sri Lanka Inter-bank Payment System) by Central Bank
• Sri Lanka Economic Summit 2016 by The Ceylon Chamber of Commerce
• Mihin Lanka Losses accumulated Rs. 17 Billion by Now
• Maximise your Dollar Investment with US$ 150 million Sri Lanka Development Bond
• New Terminal Building to construct for Bandaranaike International Airport
• University of Colombo MBA Alumi Budget 2016 – Discussion with Finance Minister Hon. Ravi Karunanayake