Marico Bangladesh recommends total 450pc cash dividend

Last updated: April 26, 2016

Dhaka, Bangladesh (BBN)-The Marico Bangladesh has recommended total 450 per cent cash dividend for the financial year ended on March 31, 2016.
The company has already paid 400 per cent interim cash dividend for the year 2016, which was included in the latest declaration.
Actually, the shareholder of the company will get remaining 50 per cent cash dividend for the same calendar year.
The annual general meeting (AGM) will be held on July 26 at 9:30am at Hotel Le Meridien in Dhaka.
The record date is on May 22.
The company has also reported earnings per share (EPS) of BDT 44.89, net asset value (NAV) per share of BDT 54.25 and net operating cash flow per share (NOCFPS) of BDT 68.30 for the year ended on March 31, 2016 as against BDT 42.69, BDT 54.35 and BDT 12.94 respectively for the year ended on March 31, 2015.
There will be no price limit on the trading of the shares of the Company today following its corporate declaration.
BBN/SK/AD

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