Bangladesh
5 years ago

Legacy Footwear declares 5.0pc interim dividend

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The board of directors of Legacy Footwear Limited has declared 5.0 per cent interim cash dividend considering the performance of the company based on audited financial statements for the half year period ended as on December 31, 2018.

Record date for entitlement of interim cash dividend is March 13, said an official disclosure on Wednesday.

The company has also reported (un-audited) EPS of Tk 2.05 for October-December, 2018 as against negative Tk 0.34 for October-December, 2017.

The EPS was Tk 3.85 for July-December, 2018 as against minus Tk 0.23 for July-December, 2017.

The net operating cash flow per share (NOCFPS) was negative Tk 0.69 for July-December 2018 as against Tk 0.30 for July-December 2017.

The NAV per share was Tk 21.43 as on December 31, 2018 and Tk 17.57 as on June 30, 2018.

There will be no price limit on the trading of the shares of the company today (Wednesday) following the corporate declaration.

Legacy Footwear, which was listed on the DSE in 2000, disbursed 5.0 per cent cash and 15 per cent stock dividend for the year ended on June 30, 2018.

Each share of the company closed at Tk 199.20 on Tuesday at Dhaka Stock Exchange.

The company’s paid-up capital is Tk 130.80 million, authorised capital is Tk 750 million and the total number of securities is 13.07 million.

The sponsor-directors own 30 per cent stake in the company, while institutional investors own 18.48 per cent, foreign investors 6.12 per cent and the general public 45.40 per cent as of January 31, 2109.

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