CRDB Dividend Declaration For The Year 2014

5th June, 2015

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The Board of Directors of CRDB Bank Plc is pleased to, subject to obtaining approval from the Annual General Meeting of shareholder to be held on May, 9th 2015, Declare dividend of TZS 15 per issued and fully paid up share in line with the Bank’s dividend policy. Total of TZS 32.6 billion dividend will be paid out which is higher than the TZS 30.7 billion paid out in the year 2013 an increase of 7%. Earnings per share (EPS) is TZS 43.9, price earning ratio (P/E) is TZS 9.8 and dividend yield is 3.5%.

For further details can be obtained from the link below…