Dhaka, Bangladesh (BBN)-Three more listed company recommended dividend for the year ended on June 30, 2015, according separate official disclosures of the companies on Monday.
The companies are: Jamuna Oil, Far East Knitting, Aftab Autos.
JAMUNA OIL: The Board of Directors of Jamuna Oil Company has recommended 100 per cent cash 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 at 11:00am at Hotel Agrabad in Chittagong.
The record date is on December 28.
The company has also reported profit after tax of BDT 2,253.19 million, earnings per share (EPS) of BDT 20.40, net asset value (NAV) per share of BDT 136.74 and net operating cash flow per share (NOCFPS) of BDT 67.48 for the year ended on June 30, 2015.
FAR EAST KNITTING: The Board of Directors of Far East Knitting has recommended 5.0 per cent cash dividend and 10 per cent stock dividend for the year ended on June 30, 2015.
The Board has also decided to increase authorized capital of the company from BDT 1,500 million to BDT 3,000 million.
The final approval will come during the AGM scheduled to be held on December 23 at 11:00am at Factory Premises at Kaliakoir, Gazipur.
The record date is on December 6.
The company has also reported profit after tax of BDT 314.47 million, EPS of BDT 2.38, NAV per share of BDT 21.81 and NOCFPS of BDT 2.58 for the year ended on 30.06.2015 as against BDT 241.87 million, BDT 1.81, BDT 21.73 and BDT 1.71 respectively for the previous year.
The company has informed that it will increase capacity by about 1 million pieces (Basic T-Shirt) per month at total estimated cost of BDT 260 million.
AFTAB AUTOS: The Board of Directors of Aftab Autos has recommended 16 per cent cash dividend for general shareholders (excluding sponsor/director) for the year ended on August 31, 2015.
The AGM will be held on December 21 at 10:30am at Bashundhara Convention Center, Dhaka.
The company has also reported EPS of BDT 3.05, NAV per share of BDT 54.30 and NOCFPS of BDT 8.29 for the year ended on August 31, 2015.
There will be no price limit on the trading of the shares of these companies today following their corporate declarations.
BBN/SK/AD