Dhaka, Bangladesh (BBN)-The Rangpur Dairy and Food Products Limited has recommended 5.0 per cent stock dividend, said an official disclosure on Monday.
The board of directors of Rangpur Dairy and Food Products proposed the dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting (AGM) scheduled to be held on May 28 at 11:00am at Factory Premises in Rangpur.
The record date is on May 9.
The company has also reported net profit after tax of BDT 33.06 million, earnings per share (EPS) of BDT 0.61, net asset value (NAV) per share of BDT 17.47 and net operating cash flow per share (NOCFPS) of BDT 1.25 for the year ended on 31.12.15 as against BDT 41.05 million, BDT 0.76, BDT 16.86 and BDT 1.32 respectively for the year ended on 31.12.14
There will be no price limit on the trading of the shares of the Company today following its corporate declaration.
BBN/SK/AD