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Six more listed cos recommend 62pc dividend

FE Online Report | Published: October 31, 2017 12:41:28 | Updated: November 01, 2017 12:56:44


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The board of directors of six more listed companies have recommended 62 per cent dividend for the year ended on June 30, 2017, according to separate disclosures posted on the Dhaka bourse’s website on Tuesday.

The companies are: Meghna Cement, Appollo Ispat, Prime Textile, Rangpur Daily & Food Products, Usmania Glass and CVO Petrochemicals Refinery.

Meghna Cement: The board of directors of Meghna Cement Limited has recommended 20 per cent cash dividend for the year ended on June 30, 2017.

The final approval of dividend will come during the Annual General Meeting (AGM) scheduled to be held on December 12 at 10:00am in Dhaka.

The record date for entitlement of dividend is on November 20, 2017.

The Company has also reported EPS of Tk 2.91, NAV per share of Tk 36.71 and NOCFPS of Tk 34.38 for the year ended on June 30, 2017 as against Tk 3.08, Tk. 35.30 and Tk 11.61 respectively for the same period of the previous year.

The company has also reported earnings per share (EPS) of Tk 2.91, net asset value per share (NAV) per share of Tk 36.71 and net operating cash flow per share (NOCFPS) of Tk 34.38 for the year ended on June 30, 2017 as against Tk 3.08, Tk 35.30 and Tk 11.61 respectively for the same period of the previous year.

Appollo Ispat: The board of directors of Appollo Ispat Limited has recommended 10 per cent stock dividend for the year ended on June 30, 2017.

The final approval of dividend will come during the Annual General Meeting (AGM) scheduled to be held on December 23 at 11:00am.

The record date for entitlement of dividend is on November 23, 2017.

The company has also reported EPS of Tk 1.35, NAV per share of Tk 22.15 and NOCFPS of Tk 0.33 for the year ended on June 30, 2017 as against Tk 2.13, Tk 23.38 and Tk 3.65 respectively for the same period of the previous year.

Prime Textile: The board of directors of Prime Textile has recommended 10 per cent cash dividend for the year ended on June 30, 2017.

The final approval of dividend will come during the Annual General Meeting (AGM) scheduled to be held on December 30 at 10:00am in Dhaka.

The record date for entitlement of dividend is on November 22, 2017.

The company has also reported EPS of Tk 1.04, NAV per share of Tk 48.48 and NOCFPS of Tk 7.11 for the year ended on June 30, 2017 as against Tk 1.10, Tk. 48.14 and Tk (2.31) respectively for the same period of the previous year.

RD Food: The board of directors of RD Food has recommended 10 per cent stock dividend for the year ended on June 30, 2017.

The final approval of dividend will come during the Annual General Meeting (AGM) scheduled to be held on December 23 at 11:00am in Rangpur.

The record date for entitlement of dividend is on November 27, 2017.

The Company has also reported EPS of Tk 0.59, NAV per share of Tk 16.76 and NOCFPS of Tk 1.20 for the year ended on June 30, 2017 as against Tk 0.50 (restated), Tk 16.17 and Tk. 1.16 respectively for the same period of the previous year.

Usmania Glass: The board of directors of Usmania Glass has recommended 10 per cent stock dividend for the year ended on June 30, 2017.

The final approval of dividend will come during the Annual General Meeting (AGM) scheduled to be held on December 29 at 10:00am in Chittagong.

The record date for entitlement of dividend is on November 22, 2017.

The Company has also reported EPS of Tk (5.48), NAV per share of Tk 9.99 and NOCFPS of Tk (7.50) for the year ended on June 30, 2017.

CVO Petrochemicals: The board of directors of CVO Petrochemicals has recommended 2.0 per cent stock dividend for the year ended on June 30, 2017.

The final approval of dividend will come during the Annual General Meeting (AGM) scheduled to be held on December 27 at 11:00am in Chittagong.

The record date for entitlement of dividend is on November 30, 2017.

The Company has also reported EPS of Tk (3.42), NAV per share of Tk 14.57 and NOCFPS of Tk (0.64) for the year ended on June 30, 2017 as against Tk 7.40, Tk. 20.50 and Tk 9.92 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 (Tuesday) following their corporate declarations.

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