Dhaka, Bangladesh (BBN)- Two more listed companies – Simtex Industries and The Peninsula Chittagong have recommended dividend for the year ended on June 30, 2017, according to separate official disclosures on Monday.
Simtex Industries
The board of directors of Simtex Industries has recommended 2.0 percent cash and 10 percent stock dividend for the year ended on June 30, 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on November 30 at 11:00 am, at Trust Millonayaton in Dhaka.
The record date for entitlement of dividend is on November 05, 2017.
The company has also reported earnings per share (EPS) of BDT 2.52, net asset value per share (NAV) per share of BDT 23.73 and net operating cash flow per share (NOCFPS) of BDT 3.01 for the year ended on June 30, 2017 as against BDT 2.15, BDT 23.29 and BDT 1.08 respectively for the same period of the previous year.
Each share of the company, which was listed on the Dhaka bourse in 2015, closed at BDT 29 on Sunday at Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 599.25 million and authorized capital is BDT 1.0 billion while total number of securities is 59.92 million.
The sponsor-directors own 34.28 percent stake in the company, institutional investors own 6.97 percent and the general public own 58.75 percent as on September 30, 2017, the DSE data shows.
The Peninsula Chittagong
The board of directors of the Peninsula Chittagong has recommended 5.0 percent cash dividend for the year ended on June 30, 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 7 at 10.00am in Chittagong.
The record date for entitlement of dividend is on November 11, 2017.
The company has also reported earnings per share (EPS) of BDT 0.53, net asset value per share (NAV) per share of BDT 30.68 and net operating cash flow per share (NOCFPS) of BDT 0.74 for the year ended on June 30, 2017 as against BDT 0.83, BDT 31.16 and BDT 0.56 respectively for the same period of the previous year.
Each share of the company, which was listed on the Dhaka bourse in 2014, closed at BDT 23.80 on Sunday at Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 1.18 billion and authorized capital is BDT 3.0 billion while total number of securities is 118.67 million.
The sponsor-directors own 38.48 percent stake in the company, institutional investors own 15.23 percent, foreign 0.38 percent and the general public own 45.90 percent as on September 30, 2017, the DSE data shows.
There will be no price limit on the trading of the shares of these two companies today following their corporate declarations.
BBN/SSR/AD