Shanta fund announces 20.5pc dividend
Shanta Asset Management has recently declared 20.5 per cent (Tk 2.05 per unit) dividend for fiscal 2020-21 for Shanta First Income Unit Fund.
The dividend can be availed in cash or reinvested into the fund through purchase of units. Earnings per unit stands at Tk 2.88 with 71.2 per cent of earnings disbursed among investors, says a press release.
The fund generated a 62.5 per cent return for the recently concluded fiscal year.
Chief Executive Officer Mohammad Emran Hasan said they identified both in-depth research and discipline as key to the fund's performance.
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