Alliance Sandhani declares 8pc cash dividend

Alliance Sandhani Life Unit Fund has recently declared 8 percent cash dividend per unit for unitholders for 2018-19.

The decision comes at a meeting of the company’s trustee committee, according to a statement.

Alliance Capital Asset Management Ltd is the fund’s asset manager, Bangladesh General Insurance Company the trustee, Sandhani Life Insurance Company sponsor and Brac Bank custodian.

The unitholders, whose names appeared in the fund’s register on June 30, will be entitled to receive the dividend.