15 Bangladesh companies recommend dividend

Last updated: October 29, 2015

Dhaka, Bangladesh (BBN) – Fifteen listed companies recommended dividend for the year ended on June 30 in 2015, according to separate official disclosures on Thursday.
The companies are: Shahjibazar Power Company, Olympic Industries, Agni System, Al-Haj Textile, Desh Garment, Saiham Textile, Hwa Well Textile, Central Pharmaceuticals, Deshbandhu Polymer, Emerald Oil, BD COM, Anwar Galvanizing, Hamid Fabrics, Khan Brother PP Woven Bag and Baraka Power.
Shahjibazar Power: The board of directors of the power company recommended 28 percent cash dividend and 3.0 percent stock dividend for the year ended on June 30, 2015.
The final approval will come during the annual general meeting (AGM) scheduled to be held on February 8 in 2016.
The venue of the AGM is KIB Complex Auditorium in Farmgate of Dhaka.
The record date of the company is December 7.
The company has also reported net profit after tax of Tk. 958.92 million, earning per share (EPS) of BDT 7.20, net asset value (NAV) per share of BDT 30.60 and net operating cash flow per share (NOCFPS) of BDT 1.53 for the year ended on June 30, 2015 as against BDT 470.92 million, BDT 3.91, BDT 28.17 and BDT 16.42 respectively for the year ended on June 30, 2014.
Olympic: The board of directors of the company recommended 30 percent cash dividend and 20 percent stock dividend for the year ended on June 30 in 2015.
The AGM will be held on December 17 to give the final approval of the dividend.
The venue of the AGM is Battery Factory premises in Narayanganj.
The record date of the company is November 22.
The company has also reported EPS of BDT 6.90, NAV per share of BDT 21.31 and NOCFPS of BDT 7.81 for the year ended on June 30, 2015 as against BDT 5.48, BDT 21.46 and BDT 7.49 respectively for the year ended on June 30, 2014.
Agni System: The board of directors of the company recommended 10 percent stock dividend for the year ended on June 30 in 2015.
The AGM will be held on December 30 at Spectra Convention Centre in Dhaka.
The record date of the comapany is November 18.
The company has also reported net profit after tax of BDT 63.06 million, EPS of BDT 1.11, NAV per share of BDT 15.54 and NOCFPS of BDT 1.84 for the year ended on June 30, 2015.
Al-Haj Textile: The board of directors of the testile company recommended 5.0 percent cash dividend and 10 percent stock dividend for the year ended on June 30 in 2015.
The AGM will be held on December 12 at Army Golf Club in Dhaka.
The record date of the company is November 17.
The company has also reported net profit of Tk 20.77 million, EPS of Tk. 1.36, NAV per share of BDT. 13.93 and NOCFPS of Tk. 1.89 for the year ended on June 30, 2015.
Desh Garment: The board of directors of the garment recommended 20 percent stock dividend. The AGM will be held on December 27 at Institution of Diploma Engineers in Dhaka.
Record date of the company is November 17.
The company has also reported EPS of BDT 2.48, NAV per share of BDT 14.73 and NOCFPS of BDT 19.31 for the year ended on June 30, 2015 as against BDT 1.05, Tk. 12.24 and BDT 1.28 respectively for the year ended on June 30 in 2014.
Saiham Textile: The board of directors of the textile company recommended 15 percent stock dividend. The AGM will be held on December 20 at Madhabpur in Habiganj to give final approval for the dividend.
The record date of the company is November 19.
The company has also reported EPS of BDT 1.06, NAV per share of BDT 32.09 and NOCFPS of BDT 6.50 for the year ended on June 30, 2015 as against BDT 2.81, BDT 32.53 and BDT 1.42 respectively for the year ended on June 30, 2014.
Hwa Well Textile: The board of directors of the company recommended 15 percent cash dividend. The AGM will be held on December 23 at Spectra Convention at Gulshan in Dhaka to approve the dividend.
The record date of the textile company is November 19.
The company has also reported EPS of BDT 2.08, NAV per share of BDT 25.25 and NOCFPS of BDT 7.35 for the year ended on June 30, 2015 as against BDT 3.81, BDT 24.67 and BDT 0.89 respectively for the year ended on June 30, 2014.
Central Pharma: The board of directors of the pharmaceutivals company recommended 15 percent stock dividend.
The AGM will be held on December 13 at Trust Milonayaton in Dhaka.
The record date is November 19.
The company has also reported net profit of BDT 143.42 million, EPS of BDT 1.75, NAV per share of BDT 18.71 and NOCFPS of BDT 1.72 for the year ended on June 30, 2015.
Deshbandhu Polymer: The board of directors recommended 5.0 percent cash dividend.
The AGM will be held on December 22 at Factory Premises of the company in Narshingdi to nod the dividend.
The record date of the polymer company is November 17.
The company has also reported Net Profit of BDT 23.03 m., EPS of BDT 0.41, NAV per share of BDT 10.60 and NOCFPS of BDT 2.07 for the year ended on June 30 in 2015 as against BDT 53.20ml, BDT 0.95, BDT 11.21 and BDT 0.54 respectively for the year ended on June 30, 2014.
Emerald Oil: The board of directors has recommended 10 percent cash dividend and 10 percent stock dividend.
The AGM will be held on December 15 at Institution of Diploma Engineers in Dhaka to provide the final nod for the dividend.
The record date of the oil company is November 18.
The company has also reported EPS of BDT 3.10, NAV per share of BDT 16.29 and NOCFPS of BDT 2.56 for the year ended on June 30, 2015 as against BDT 2.24 (restated), BDT 14.26 and BDT 1.01 respectively for the year ended on June 30 in 2014.
Anwar Galvanizing: The board of directors of the company recommended 9.0 percent cash dividend for general shareholders other than sponsor directors. The AGM will be held on January 27 next year to give the final nod for the dividend.
The venue of the AGM is BCIC Auditorium in Dilkusha of Dhaka.
The company has also reported EPS of BDT 0.64, NAV per share of BDT 8.28 and NOCFPS of BDT 2.49 for the year ended on June 30 in 2015 as against BDT 0.50, BDT 8.11 and BDT 0.61 respectively for the year ended on June 30 last year.
BD COM: The board of directors of the company recommended 7.0 percent cash dividend and 8.0 percent stock dividend.
The AGM will be held on December 28 at AMM Convention Center in Dhanmondi of Dhaka, the capital of Bangladesh.
The record date is November 19.
The company has also reported Net Profit after Tax of BDT 59.78 million, EPS of BDT 1.56, NAV per share of BDT 15.38 and NOCFPS of BDT 2.21 for the year ended on June 30, 2015.
Hamid Fabrics: The board of directors recommended 15 percent cash dividend for general shareholders (excluding sponsors/directors) and 5.0 percent stock dividend for all the shareholders.
The AGM will be held on December 28 at Trust Milonayaton, Dhaka.
The record date is November 22.
The company has also reported EPS of BDT 1.80, NAV per share of BDT 39.57 and NOCFPS of BDT 0.19 for the year ended on June 30, 2015 as against BDT 4.81, BDT 40.28 and BDT 4.42 respectively for the year ended on June 30, 2014.
Khan Brother: The board of directors has recommended 10 percent cash dividend for General shareholders (excluding sponsors/directors).
The AGM will be held on December 29 at Fakirhat, Bagerhat.
The record date is November 19.
The company has also reported EPS of BDT 1.51, NAV per share of BDT 17.39 and NOCFPS of BDT 5.60 for the year ended on June 30, 2015 as against BDT 2.99, BDT 43.16 and BDT 1.29 respectively for the year ended on June 30, 2014.
Baraka Power: The board of directors has recommended 8.0 percent cash dividend and 8.0 percent stock dividend for the year ended on June 30, 2015.
The final approval will come during the AGM scheduled to be held on December 31 at Hotel Star Pacific in Sylhet.
The record date is November 19.
The company has also reported net profit after tax of BDT 424.11 million, EPS of BDT 2.76, NAV per share of BDT 19.39 and NOCFPS of BDT 5.33 for the year ended on June 30, 2015 as against BDT 249.36 million, BDT 1.63, BDT 19.45 and BDT 6.30 respectively for the year ended on June 30 last year.
There will be no price limit on the trading of the shares of these companies today following their corporate declarations.
BBN/SS/ANS

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