Five more listed companies recommend dividends

FE Online Report | Published: November 04, 2018 12:07:59 | Updated: November 05, 2018 11:50:20


Picture used for illustrative purpose only — Collected

Five more listed companies have recommended dividends for the year ended on June 30, 2018, according to separate official disclosures on Sunday.

The companies are: Bangas, Fu-Wang Ceramic, Regent Textile, Hakkani Pulp & Paper, and Appollo Ispat.

Bangas: The board of directors of Bangas has recommended 15 per cent stock dividend for the year ended on June 30, 2018.

The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 05 in Dhaka.

The record date is November 25.

The company has also reported EPS of Tk. 0.93, NAV per share of Tk. 23.07, and NOCFPS of Tk. (0.61) for the year ended on June 30, 2018 as against Tk. (0.62), Tk. 22.13, and Tk. 0.72 respectively for the corresponding period of the previous year.

Fu-Wang Ceramic: The board of directors of Fu-Wang Ceramic has recommended 10 per cent stock dividend for the year ended on June 30, 2018.

The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 20 in the capital city.

The record date is November 25.

The company has also reported EPS of Tk. 0.68, NAV per share of Tk. 11.61, and NOCFPS of Tk. 0.30 for the year ended on June 30, 2018 as against Tk. 0.64, Tk. 10.94, and Tk. (0.77) respectively for the same period of the previous year.

Regent Textile: The board of directors of Regent Textile Mills has recommended 5.0 per cent stock dividend for the year ended on June 30, 2018.

The board has also decided to pass special resolution to extend the IPO fund utilisation time up to June 2019 from the existing time and revised utilisation schedule for BMRE subject to general shareholders’ approval in the EGM.

The EGM and AGM will be held on December 27 in Chattogram. The record date is December 02.

The company has also reported EPS of Tk. 1.12, NAV per share of Tk. 30.70, and NOCFPS of Tk. 2.52 for the year ended on June 30, 2018 as against Tk. 1.21, Tk. 30.12, and Tk. (2.08) respectively for the same period of the previous year.

Hakkani Pulp & Paper:  The board of directors of Hakkani Pulp & Paper has recommended 3.0 per cent cash dividend for the year ended on June 30, 2018.

The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 27 in Dhaka.

The record date is November 25.

The company has also reported EPS of minus Tk. 0.96, NAV per share (with revaluation reserve) of Tk. 27.43, and NAV per share (without revaluation reserve) of Tk. 11.64, and NOCFPS of Tk. 1.20 for the year ended on June 30, 2018 as against minus Tk. 0.95, Tk. 28.25, and Tk. 11.81, and minus Tk. 3.43 respectively for the same period of the previous year.

Appollo Ispat: The board of directors of Appollo Ispat has recommended 3.0 per cent stock dividend for the year ended on June 30, 2018.

The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 27 in Dhaka.

The record date is November 25.

The company has also reported EPS of Tk. 0.05, NAV per share of Tk. 20.19, and NOCFPS of Tk. 0.82 for the year ended on June 30, 2018 as against Tk. 1.35, Tk. 22.15, and Tk. 0.33 respectively for the same period of the previous year.

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