About
Today 21st February 2011, the Nations Trust Bank PLC announced to the Colombo Stock exchange, the company has declared the First and Final Dividend of Rs.2 per shares. This dividend is for the financial year of 2010.
The Above Dividend announcement subjective to the shareholders approvals on Annual General Meeting on 30th march 2011
Further the company says the Ex dividend date will be 31st March 2011and the payment will be on 8th April 2011.
Today share Price trend
Today 21st February 2011, the markets open the price on Rs84.00 and closed by Rs.83.10. the day trends was Rs.83.00 to Rs.84.00.
My View
The Dividend Announcement of Rs.2.00 per share is comparability good for the investor. to compare the today’s Seylan Bank PLC dividend, the Nations Trust Bank PLC dividends are will create more confidence toward the company.
Source: http://www.cse.lk/companiesprofile/announcments.htm?id=9&symbol=NTB.N0000

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