BSCCL declares 10pc cash dividend

Last updated: August 25, 2014

Dhaka, Bangladesh (BBN)- The board of directors of Bangladesh Submarine Cable Company Limited (BSCCL) has recommended 10 percent cash dividend for the year ended on June 30, 2014, said an office disclosure on Monday.
The annual general meeting (AGM) will be held on October 12, 2014 at 11am at the Hotel ‘Ocean Paradise’, Cox’sbazar. Record date: 04.09.2014.
The Company has also reported EPS (without fair valuation surplus) of BDT 2.42, NAV per share of BDT 27.05 and NOCFPS of BDT 0.90 for the year ended on June 30, 2014.
There will be no price limit on the trading of the shares of the company today (25.08.2014) following its corporate declaration.
Of the total shares – 73.85 percent held by the government, 12.46 percent held by institutions and 13.69 percent held by public, according to Dhaka Stock Exchange website.
The company listed in the Dhaka bourse – DSE in 2012. The company is belonging to the ‘telecommunication’ sector under the category of ‘A’.
In 2013, the company declared 20 percent cash and 15 percent stock dividend.

BBN/SI/BB-25Aug14-11:32 am (BST)

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