Bangladesh
5 years ago

Eight more cos recommend dividend up to 48pc

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Eight more listed companies recommended dividend up to 48 per cent for the year ended on June 30, 2018, according to separate official disclosures on Wednesday.

The companies which recommended dividend are: Olympic Industries, Investment Corporation of Bangladesh (ICB), BBS Cables, Unique Hotel & Resorts, Bashundhara Paper Mills, Quasem Industries, Aamra Networks and Kay & Que.

Olympic Industries: The board of directors of Olympic Industries has recommended 48 per cent cash dividend for the year ended on June 30, 2018.

The final approval will come during the annual general meeting scheduled to be held on December 20 at 10 am at Battery Factory premises at Sonargaon in Narayanganj.

The record is November 15.

The company has also reported earnings per share (EPS) of Tk 8.96, net asset value (NAV) per share of Tk 31.53 and net operating cash flow per share (NOCFPS) of Tk 4.57 for the year ended on June 30, 2018 as against Tk 8.22, Tk 27.07 and Tk 4.94 respectively for the same period of the previous year.

ICB: The board of directors of Investment Corporation of Bangladesh has recommended 30 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2018.

The AGM will be held on December 08 at Hotel Purbani International in Dhaka. The record date is November 14.

The state-run corporation has also reported consolidated EPS of Tk 6.27, consolidated NAV per share of Tk 57.26 and consolidated NOCFPS of Tk 2.78 for the year ended on June 30, 2018 as against Tk 6.95, Tk 74.15 and Tk 51.94 respectively for the same period of the previous year.

BBS Cables: The board of directors of BBS Cables has recommended 10 per cent cash and 15 per cent stock dividend for the year ended on June 30, 2018.

The AGM will be held on December 23 in Gazipur. The record date is November 18.

The company has also reported EPS of Tk 8.08, NAV per share of Tk 24.31 and NOCFPS of Tk 3.03 for the year ended on June 30, 2018 as against Tk 3.44 (Re-Stated), Tk 19.17 and Tk 5.33 respectively for the same period of the previous year.

Unique Hotel: The board of directors of Unique Hotel has recommended 22 per cent cash dividend for the year ended on June 30, 2018.

The AGM will be held on December 06 in Dhaka. The record date is November 13.

The company has also reported EPS of Tk 2.01, NAV per share of Tk 88.82 and NOCFPS of Tk 5.11 for the year ended on June 30, 2018 as against Tk 1.80, Tk 88.82 and Tk 4.13 respectively for the same period of the previous year.

Bashundhara Paper: The board of directors of Bashundhara Paper Mills has recommended 20 per cent cash dividend for the year ended on June 30, 2018.

The AGM will be held on December 19 at International Convention City Bashundhara in Dhaka. The record date is November 22.

The company has also reported EPS of Tk 4.63, NAV per share of Tk 49.18 and NOCFPS of Tk 5.90 for the year ended on June 30, 2018 as against Tk 2.57 (restated), Tk 31.38 (restated), and Tk 7.35 (restated) respectively for the same period of the previous year.

Quasem Industries: The board of directors has recommended 12 per cent stock dividend for the year ended on June 30, 2018.

The AGM will be held on November 29 in Dhaka. The record date is November 13.

The company has also reported EPS of Tk 1.51, NAV per share of Tk 36.25 and NOCFPS of Tk 0.64 for the year ended on June 30, 2018 as against Tk 1.82, Tk 34.79 and Tk 2.40 respectively for the same period of the previous year.

Aamra Networks: The board of directors of Aamra networks has recommended 10 per cent cash dividend for the year ended on June 30, 2018.

The AGM will be held on December 24 in Dhaka. The record date is November 12.

The company has also reported EPS of Tk 4.01, NAV per share of Tk 32.33 and NOCFPS of Tk 2.23 for the year ended on June 30, 2018 as against Tk 2.31, Tk 19.26 and Tk 0.97 respectively for the same period of the previous year.

Kay & Que: The board of directors of Kay & Que has recommended 5.0 per cent cash dividend for the year ended on June 30, 2018.

The AGM will be held on December 09 in Dhaka. The record date is November 15.

The company has also reported EPS of Tk 0.91, NAV per share of Tk 76.55 and NOCFPS of Tk 1.26 for the year ended on June 30, 2018 as against Tk 0.05, Tk (11.45) and Tk (0.48) respectively for the same period of the previous year.

There will be no price limit on the trading of the shares of these companies today following their corporate declarations.

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