Habigonj, Bangladesh (BBN)-The Safko Spinning Ltd has recommended 3.0 per cent stock dividend, said an official disclosure on Wednesday.
The board of directors of Safko Spinning proposed the dividend for the year ended on December 31, 2015.
The final approval will be held on June 4 at 11:30am at the Conference Hall of Safko Spinning Mills in Habigonj.
The record date is on May 18.
The company has also reported earnings per share (EPS) of BDT 0.51, net asset value (NAV) per share of BDT 18.49 and net operating cash flow per share (NOCFPS) of BDT 2.65 for the year ended on December 31, 2015 as against BDT 1.05 (restated), BDT 21.95 and BDT 1.69 respectively for the year ended on 31.12. 2014.
There will be no price limit on the trading of the shares of the company today following its corporate declaration.