Bangladesh
5 years ago

Eight more cos recommend dividend up to 28pc

Photo collected from internet has been used for representational purpose only
Photo collected from internet has been used for representational purpose only

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Eight more listed companies recommended dividend up to 28 per cent for the year ended on June 30, 2018, according to separate official disclosures on Thursday.

The companies which recommended dividend are: Shahjibazar Power Company, Gemini Sea Food, Saiham Textile, Bangladesh Building Systems, Aamra Technologies, HR Textile, Miracle Industries and Zahintex Industries.

Shahjibazar Power: The board of directors of Shahjibazar Power Company has recommended 25 per cent cash and 3.0 per cent stock dividend for the year ended on June 30, 2018.

The final approval will come during the annual general meeting scheduled to be held on January 21, 2019 in Dhaka. The record is December 03.

The company has also reported consolidated earnings per share (EPS) of Tk 4.10, consolidated net asset value (NAV) per share of Tk 32.95 and consolidated net operating cash flow per share (NOCFPS) of Tk 2.53 for the year ended on June 30, 2018 as against Tk 5.50 (restated), Tk 34.49 and Tk 13.61 respectively for the same period of the previous year.

Gemini Sea Food: The board of directors has recommended 15 per cent stock dividend for the year ended on June 30, 2018.

The AGM will be held on December 13 and the record date is November 20.

The company has also reported EPS of Tk 0.70, NAV per share of Tk 12.27 and NOCFPS of Tk 8.33 for the year ended on June 30, 2018 as against Tk 5.81, Tk 11.57 and Tk 47.55 respectively for the same period of the previous year.

Saiham Textile: The Board of Directors has recommended 15 per cent cash dividend for the year ended on June 30, 2018.

The AGM will be held on December 18 and the record date is November 15.

The Company has also reported EPS of Tk 1.21, NAV per share of Tk 26.98 and NOCFPS of Tk 0.15 for the year ended on June 30, 2018 as against Tk 1.02, Tk 26.94 and Tk 0.75 respectively for the same period of the previous year.

BBS: The Board of Directors has recommended 10 per cent stock dividend for the year ended on June 30, 2018.

The AGM will be held on December 23 and the record date is November 20.

The Company has also reported EPS of Tk 1.93, NAV per share of Tk 15.97 and NOCFPS of Tk 2.25 for the year ended on June 30, 2018 as against Tk 2.65 (restated), Tk 14.50 (restated) and Tk 0.58 (restated) respectively for the same period of the previous year.

Aamra Technologies: The Board of Directors has recommended 10 per cent cash dividend for the year ended on June 30, 2018.

The AGM will be held on December 24 and the record date is November 13.

The Company has also reported EPS of Tk 1.61, NAV per share of Tk 23.24 and NOCFPS of Tk 0.68 for the year ended on June 30, 2018 as against Tk 1.52, Tk 22.63 (restated) and Tk 2.13 respectively for the same period of the previous year.

HR Textile: The Board of Directors has recommended 10 per cent cash dividend for the year ended on June 30, 2018.

The AGM will be held on December 23 and the record date is November 28.

The Company has also reported EPS of Tk 1.70, NAV per share of Tk 15.36 and NOCFPS of Tk 6.04 for the year ended on June 30, 2018 as against Tk 1.43, Tk 14.66 and Tk 9.45 respectively for the same period of the previous year.

Miracle Industries: The Board of Directors has recommended 8.0 per cent stock dividend for the year ended on June 30, 2018.

The Board has also decided to increase authorised capital of the company from Tk 500 million to Tk 1000 million by amending clauses of the Memorandum of Association and Articles of Association subject to approval of shareholders in the EGM.

The board has also decided to issue 15 million ordinary shares of Tk 150 million to the lenders as against their loans to the Company subject to approval by the shareholders in the EGM and upon receiving consent from the Regulatory authorities.

The AGM and EGM will be held on December 15 and the record date is November 13.

The Company has also reported EPS of Tk 1.00, NAV per share of Tk 41.71 and NOCFPS of Tk 11.27 for the year ended on June 30, 2018 as against Tk 1.17 (restated), Tk 40.71 (restated) and Tk 0.68 (restated) respectively for the same period of the previous year.

Zahintex: The Board of Directors has recommended 3.0 per cent cash dividend for the shareholders except sponsors/directors for the year ended on June 30, 2018.

The AGM will be held on December 26 and the record date is November 20.

The Company has also reported EPS of Tk 0.60, NAV per share of Tk 24.91 and NOCFPS of Tk 1.59 for the year ended on June 30, 2018 as against Tk 0.73, Tk 26.75 and Tk 2.27 respectively for the same period of the previous year.

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