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The Financial Express
Swasti Lankabangla Swasti Lankabangla

Apex Footwear disburses cash dividend

| Updated: December 12, 2017 11:53:52


Apex Footwear disburses cash dividend

Apex Footwear Limited transferred cash dividend to the respective shareholders’ bank accounts (except folio shareholders and others) through Bangladesh Electric Fund Transfer Network (BEFTN) System on Sunday.

The board of directors of the Apex Footwear has approved 50 per cent cash dividend for the year ended on June 30, 2017.

“The company also issued dividend warrants in favour of the folio shareholders and the shareholders whose dividend could not be possible to send through BEFTN due to inadequate bank account related information,” said a disclosure posted on the Dhaka bourse website on Monday.

These warrants have already been sent to the respective shareholders' mailing address through courier services, the disclosure said.

The company has also reported consolidated earnings per share (EPS) of Tk (1.07), consolidated net asset value (NAV) per share of Tk 227.52 and consolidated net operating cash flow per share (NOCFPS) of Tk 84.96 for the 18 months period from January 01, 2016 to June 30, 2017.

The company has also reported earnings per share of Tk 7.29, consolidated net asset value (NAV) per share of Tk 227.52 and NOCFPS of Tk 76.33 for the 12 months period from July 01, 2016-June 30, 2017 as against Tk 6.89, Tk 220.22 and Tk 55.27 respectively for the 12 months period from July 01, 2015-June 30, 2016.

Each share of the Apex Footwear, which was listed on the Dhaka bourse in 1993, closed at Tk 325.70 on Sunday at DSE.

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