Mercantile Bank, Marico, BSC recommend dividend

Last updated: April 23, 2015

Dhaka, Bangladesh (BBN)–Three more listed companies – Mercantile Bank, Marico Bangladesh and Bangladesh Shipping Corporation have recommended dividend, according to separate disclosures on Dhaka Stock Exchange website Thursday.
MERCANTILE BANK: The board of directors of Mercantile Bank has recommended 10 percent cash dividend for the year ended on December 31, 2014.
The final approval of the dividend will come during the AGM scheduled to be held on May 24 at 11:am at the Bashundhara Convention Centre in Bashundhara R/A of Dhaka. The record date of the company is May 6.
The company has also reported consolidated EPS of BDT 1.59, consolidated NAV per share of BDT 18.35 and consolidated NOCFPS of BDT 1.58 for the year ended on December 31, 2014.
MARICO BANGLADESH: The board of directors of Marico has recommended 50 percent final cash dividend in addition to the total 375 percent interim cash dividend, that means a total of 425 percent for the financial year ended on March 31, 2015.
The AGM will be held on August 13 at 10:00am at the Radisson Blu Water Garden at Airport Road in Dhaka in this regard.
The record date of the company is June 18.
The company has also reported Net Profit after tax of BDT 1.34 million, EPS of BDT 42.69, NAV per share of BDT 54.35 and NOCFPS of BDT 12.94 for the year ended on March 31, 2015.
BSC: The BOARD OF DIRECTORS of Bangladesh Shipping Corporation (BSC) has recommended 10 percent cash dividend for the year ended on June 30, 2014.
The AGM will be held on June 6 at 11:00am at the Shaheed Mohammad Fazlur Rahman Munshi Auditorium in Chittagong Port Area in Chittagong.
The record date of the company is May 7.
The company has also reported Basic EPS of BDT 2.47, NAV per share of BDT 619.00 and NOCFPS of BDT (2.60) for the year ended on June 30, 2014.
There will be no price limit on the trading of the shares of these companies today following their corporate declarations.

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