Prime Bank PLC has declared a 20 percent dividend, comprising a 17.50 percent cash dividend, for the financial year ending on December 31, 2024.

The declaration was made during the bank's 30th annual general meeting (AGM), which was held virtually on Monday, according to a press release.

Tanjil Chowdhury, chairman of the bank, presided over the meeting and presented a comprehensive overview of the bank's performance and strategic outlook.

The AGM was attended by 258 registered shareholders, board members, along with senior officials of the bank.

Hassan O Rashid, chief executive officer of the bank, responded to shareholders' queries and provided detailed feedback.

The shareholders also approved the audited financial statements for the year 2024.

Tanvir A Siddiqui, company secretary of the bank, moderated the live-streamed event, which was also attended by representatives from the stock exchanges and the bank's auditors.

Notably, the Bangladesh Securities and Exchange Commission (BSEC) has granted approval for listed companies that have maintained "A" category status for five consecutive years to conduct virtual AGMs.