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Sri Lanka's National Development Bank raises FY'17 dividend

Sri Lanka-based National Development Bank Plc raised its total dividend for 2017 to 9 rupees per share from 8 rupees per share for 2016.

The total dividend for 2017 consists of a final dividend of 7 rupees per share and an interim dividend of 2 rupees per share. The bank paid the interim dividend in November 2017.

As of Feb. 20, US$1 was equivalent to 155.50 Sri Lankan rupees.