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Eastern Housing recommends 20pc cash dividend

FE Online Report | Published: September 20, 2019 19:35:19 | Updated: September 22, 2019 11:42:25


The board of directors of Eastern Housing Ltd has recommended 20 per cent cash dividend for the year ended on June 30, 2019, officials said.

The AGM will be held on November 14. The record date is on October 17.

The company has also reported EPS of Tk 3.70, NAV per share of Tk 61.35 and NOCFPS of Tk 8.0 for the year ended on June 30, 2019 against Tk 3.48, Tk 60.15, and Tk 9.46 respectively for the same period in the previous year.

In 2018, the company disbursed 25 per cent cash dividend.

Each share of the company, which was listed on the Dhaka bourse in 1994, closed at Tk 48.10 on Thursday.

The company’s paid-up capital is Tk 933.45 million and authorised capital is Tk 2.0 billion, while the total number of securities is 93.34 million.

The sponsor-directors own 50.09 per cent stake in the company, institutional investors 26.44 per cent and the general public 23.47 per cent as on August 31, 2019, the DSE data shows.

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