Dhaka, Bangladesh (BBN)-Khulna Power Company Ltd (KPCL) dominated the week’s top turnover chart on the Dhaka Stock Exchange (DSE) last week that ended on Thursday for the second straight week.
A total of 33.21 million shares worth BDT 2.64 billion changed hands during the week.
Daily average turnover for the company was BDT 527.50 million.
The company’s share closed at 84.4 on Thursday, the last trading day of the week, registering an increase of 19.38 percent over the week.
The power sector company listed on the Dhaka bourse in 2014.
The board of directors of the company has recommended 40 percent cash dividend for the year ended on December 31, 2014.
The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on June 25 at Krishibid Institution in Bangladesh Khamarbari Road of Farmgate in Dhaka.
The record date of the company is May 31.
The company has also reported EPS of BDT 2.30, NAV per share of BDT 22.81 and NOCFPS of BDT 3.29 for the year ended on December 31, 2014.
In 2013, the company disbursed 25 percent cash dividend and 5.0 percent stock dividend.
Of the total share – sponsor/directors held by 39.76 percent, institutions held 6.02 per cent while general public held 54.22 percent shares, according to DSE website information.
The week’s other turnover leaders were United Power BDT 1.26 billion changed hands followed by BSCCL BDT 1.25 billion, Beximco BDT 1.21 billion, Summit Alliance Port BDT 1.04 billion and Saif Powertech BDT 103 billion.
RAK Ceramics also came to the top turnover list with shares worth BDT 976.25 million changed hands followed ACI Formulations BDT 925 million, SPPCL BDT 893 million and MJL BD worth BDT 883 million changed hands last week.