The Bank is focused on communicating relevant and timely information to its investors. This is done with the aim of helping the investors obtain a fair understanding of underlying strengths of the Bank and future business prospects.
Shareholder profile
The Bank had 8,880 shareholders on 31 December 2018 (corresponding to a figure of 8,728 as at 31 December 2017), with the total number of shares in issue remaining fixed at 265,097,688 ordinary shares. Institutions account for approximately 84% of the Bank’s share capital. 76% of the Bank's share capital is held by local shareholders, both institutional and individual.
Share information
DFCC Bank share price information for the period 1 January 2018 - 31 December 2018.
01 January to
31 December 2018
01 January to
31 December 2017
Price indices
ASPI
6,052.37
6,369.26
S&P SL20
3,135.18
3,671.72
Share price
Lowest price (LKR)
87.00
110.00
Highest price (LKR)
124.70
138.20
Closing price (LKR)
93.00
122.80
Market capitalisation
Value (LKR Mn)
24,654
32,554
Percentage of total market cap
0.87
1.12
Rank
24
18
Value of shares traded
Value (LKR Mn)
365.31
1,575.59
Percentage of total market turnover
0.18
0.71
Rank
59
24
Days traded
Number of days traded
239
237
Total number of market days
240
240
Percentage of market days traded
99.60
98.75
Frequency of shares traded
Number of transactions
5,191
5,350
Percentage of total frequency
0.59
0.54
Rank
46
51
Share price
Share price movement
Distribution of shareholding
As at
31 December 2018
31 December 2017
Shareholding, percentage
Foreign
Local
Total
Foreign
Local
Total
Individual
8.09
7.79
15.88
8.02
7.60
15.62
Institutional
15.82
68.30
84.12
15.89
68.49
84.38
23.91
76.09
100.00
23.91
76.09
100.00
Share range
31 December 2018
31 December 2017
Number of
shareholders
Total
holding
Percentage
Number of
shareholders
Total
holding
Percentage
01 – 1,000
5,812
1,802,814
0.68
5,641
1,794,816
0.68
1001 – 5,000
2,352
4,902,295
1.85
2,362
4,865,268
1.84
5,001 – 10,000
308
2,221,277
0.84
322
2,328,317
0.88
10,001 – 50,000
294
6,427,117
2.42
293
6,448,247
2.43
50,001 – 100,000
46
3,243,705
1.22
41
2,963,550
1.12
100,001 – 500,000
43
8,845,370
3.34
44
9,155,740
3.45
500,001 – 1,000,000
3
1,987,718
0.75
3
1,987,718
0.75
1,000,000 and above
22
235,667,392
88.90
22
235,554,032
88.85
8,880
265,097,688
100.00
8,728
265,097,688
100.00
31 December 2018
31 December 2017
Public holding percentage
63.4
63.4
Number of public shareholders
8,867
8,715
Float adjusted market capitalisation
LKR 15,631 Mn
LKR 20,639 Mn
Applicable option as per CSE Listing Rule 7.13.1 (a)
Option 1
Option 1
Name of shareholder/company
31 December 2018
31 December 2017
Number of shares
Percentage
Number of shares
Percentage
Bank of Ceylon No. 2 A/c
38,039,994
14.35
38,039,994
14.35
Hatton National Bank PLC A/c No. 1
32,396,140
12.22
32,396,140
12.22
Sri Lanka Insurance Corporation Limited – Life Fund
26,509,832
10.00
26,509,832
10.00
Mr M A Yaseen
26,506,750
10.00
26,296,700
9.92
Employees’ Provident Fund
24,368,995
9.19
24,368,995
9.19
Melstacorp PLC
22,175,280
8.36
22,175,280
8.36
Seafeld International Limited
15,286,794
5.77
15,286,794
5.77
HSBC Intl. Nominee Ltd. – BPSS Lux-Aberdeen Global Asia Pacific Equity Fund
9,842,898
3.71
9,901,281
3.73
Renuka City Hotels PLC
6,926,870
2.61
6,926,870
2.61
HSBC Intl. Nominee Ltd. – BP2S LDN-Aberdeen Asia Pacific Equity Fund
HSBC Intl. Nominees Ltd. – BP2S London-Aberdeen New Dawn Investment Trust XCC6
1,450,311
0.55
1,458,914
0.55
Renuka Consultants & Services Ltd.
1,097,992
0.41
1,097,992
0.41
Total of the 20 major shareholders
234,635,882
88.50
Other shareholders
30,461,806
11.50
Total
265,097,688
100.00
Return to shareholders – Bank
Description
2018
2017
Profit for the year (LKR million)
2,768
4,415
Return on total assets (%)*
0.80
1.48
Net assets per share (LKR)
165.40
180.60
Earnings per share (LKR)
10.44
16.65
Dividend per share (LKR)
3.50
5.0
* After eliminating fair value reserve
Financial return
The Bank aims to regularly provide high total shareholder returns through profitable and sustainable performance. The Directors approved a first and final dividend of LKR 3.50 per share for the year ended 31 December 2018. Dividends are based on growth in profits, while taking into account future cash requirements and the maintenance of prudent ratios.