MTB Unit Fund declares 13pc dividend

MTB Unit Fund has declared 13 percent cash dividend for the unit holders for fiscal 2016-17. The announcement came at a meeting of the trustee committee of the MTB Unit Fund in Dhaka on Monday.

Alliance Capital Asset Management Ltd is the asset manager of the MTB Unit Fund, while Mutual Trust Bank is the sponsor, Bangladesh General Insurance Company is the trustee and Brac Bank is the custodian.

The unit holders, whose name appeared in the registers of MTB Unit Fund on 30 June 2017, will be entitled to receive the dividend.