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Linde Bangladesh has declared record 4100 per cent interim cash dividend for the period ended in July 31 this year.
As a result, investors will get Tk 410 per share.
Following the news, it's stock price surged more than 20 per cent within an hour of trading to Tk 1577 at 11am although overall market remained flat.
The company also reported earnings per share of Tk 415.08, as against Tk 8.84 in the same period last year.
The company said the dividend will be disbursed from capital gain earned from the sale of its subsidiary, Linde Industries Pvt Ltd.
Two months ago, the company also paid a 1,540 per cent cash dividends for the first 10 months of 2023.
The return on investment is highest even in consideration of yearly dividends paid by the multinational company since its listing in the stock market in 1976. The company paid a 420 per cent cash dividend to shareholders for 2022.
In a stock exchange filing, Linde said it announced the dividend based on the audited financial statements until July this year.
Three months back, Linde announced the sale of its welding business to American-Swedish industrial company ESAB.