MTB Unit Fund declared 14 per cent while Alliance Sandhani Life Unit Fund declared 9.5 per cent cash dividends for the fiscal year 2020-21.
The decision was taken at a recent meeting of the trustees of the two funds.
Alliance Capital Asset Management Limited is in charge of asset management of these two funds. Bangladesh General Insurance Company is acting as the trustee and Brac Bank Limited is acting as the custodian.
Source: The Daily Star