Bangladesh
5 years ago

Keya Cosmetics recommends 10pc stock dividend

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The board of directors of Keya Cosmetics Limited has recommended 10 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on Tuesday.

The final approval will come during the annual general meeting scheduled to be held on January 26, 2019 at Konabari in Gazipur.

The record date for entitlement of dividend is December 12.

The company has also reported earnings per share (EPS) of Tk 1.21, net asset value (NAV) per share of Tk 14.02 and net operating cash flow per share (NOCFPS) of Tk 2.05 in the negative for period ended on September 30, 2018 as against Tk 2.01, Tk. 15.37 and minus Tk. 2.88 respectively for the same period of the previous year.

Each share of the company, which was listed on the DSE in 2001, closed at Tk 7.40 on Monday.

In 2017, the company disbursed a total of 20 per cent stock dividend.

The company’s paid-up capital is Tk 10 billion and authorised capital is Tk 15 billion, while the number of securities is 1.0 billion.

The sponsor-directors own 46.27 per cent stake in the company, while institutional investors own 8.78 per cent and the general public 44.95 per cent as on October 31, 2018.

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