Bangladesh
5 years ago

Aman Feed recommends 20pc cash dividend, 10pc stock dividend

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The board of directors of Aman Feed Limited has recommended 20 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018, according to an official disclosure on Monday.

The final approval will come during the annual general meeting scheduled to be held on December 19. The record is November 25.

The company has also reported EPS of Tk 4.63, NAV per share of Tk 33.68 and NOCFPS of Tk (11.96) for the year ended on June 30, 2018 as against Tk 4.54, Tk. 33.96 and Tk 4.58 respectively for the same period of the previous year.

The company, which was listed on the Dhaka bourse in 2015, also disbursed 20 per cent cash and 10 per cent stock dividend in 2017.

Each share of the company closed at Tk 55.80 on Sunday.

There will be no price limit today on the trading of shares of the company following its corporate disclosure.

The sponsor-directors own 63.26 per cent stake in the company, while institutional investors own 11.02 per cent, foreign investors 0.17 per cent and the general public 25.35 per cent as on September 30, 2016.

The company’s paid-up capital is only Tk 1.16 billion and authorised capital is Tk 1.50 billion, while total number of securities is 116.16 million, according to statistics from the DSE.

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