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Bangladesh's Bay Leasing & Investment lowers FY'17 cash dividend

Bangladesh-based Bay Leasing & Investment Ltd. lowered its cash dividend for the year ended Dec. 31, 2017, to 10% from 15% in the prior-year period.

The company also declared a 5% stock dividend, according to an April 5 release.

The dividend will be paid to shareholders on record as of April 30.