Bangladesh
5 years ago

Three listed cos recommend dividend

Samata Leather recommends ‘no’ dividend

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Three listed companies—Kohinoor Chemicals, Orion Pharma and Orion Infusion—have recommended dividend for the year ended on June 30, 2018, according to official disclosures on Thursday.

Samata Leather Complex declared no dividend for the year ended on June 30, 2018.

Kohinoor Chemicals: The board of directors of Kohinoor Chemicals has recommended 10 per cent cash and 20 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 10 in Dhaka. The record date is November 22.

The company has also reported EPS of Tk 11.02, NAV per share of Tk 51.93 and NOCFPS of Tk 8.34 negative for the year ended on June 30, 2018 as against Tk 10.47 (restated), Tk 39.53 (restated) and Tk 30.07 (restated) respectively for the same period of the previous year.

Orion Pharma: The board of directors of Orion Pharma has recommended 15 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 10 in the capital city. The record date is November 22.

The Company has also reported consolidated EPS of Tk 3.43, consolidated NAV per share (including revaluation surplus) of Tk 72.88 and consolidated NOCFPS of Tk 9.38 for the year ended on June 30, 2018 as against Tk 3.40, Tk 70.95 and Tk 9.62 respectively for the year ended on June 30, 2017.

Orion Infusion: The board of directors of Orion Infusion has recommended 14 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 10 in Dhaka. The record date is November 22.

The company has also reported EPS of Tk 1.62, NAV per share of Tk 12.53 and NOCFPS of Tk 0.20 for the year ended on June 30, 2018 as against Tk 1.53, Tk. 12.57 and Tk 1.38 respectively for the same period of the previous year.

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