Dhaka, Bangladesh (BBN) – Eight listed firms of Bangladesh recommended dividend for the year ended on June 30, 2015, according to separate disclosures released Monday.
The companies are: IFAD Autos, RSRM Steels, Nothern Jute Manufacturing Compnay, Paramount Textile, Zahintex Industries, Aamra Technologies, Khan Brother PP Woven Bag and Anlima Yarn.
IFAD Autos: The board of directors of the company has recommended 7.0 percent cash dividend and 30 percent stock dividend for the year ended on June 30.
The final approval will come during annual general meeting (AGM) scheduled to be held on December 7 at Institution of Diploma Engineers, Bangladesh, (IDEB).
Record date of the company is November 15.
The company has also reported earnings per share (EPS) of BDT 3.51, net asset value (NAV) per share of BDT 44.01 and net operating cash flow per share (NOCFPS) of BDT 8.37 for the year ended on June 30, 2015 as against BDT 5.16, BDT 44.12, and BDT 27.08 respectively for the year ended on June 30, 2014.
RSRM Steels: The board of directors of the steels company has recommended 5.0 percent cash dividend and 20 percent stock dividend for the year ended on June 30, 2015.
The AGM will be held on December 28 at 11:30am. The venue of the AGM will be notified later on. Record date of the company is Novemeber 15.
The company has also reported net profit after tax of BDT 272.58 million, EPS of T 4.36, NAV per share of BDT 45.63 and NOCFPS of BDT 15.17 for the year ended on June 30, 2015.
Northern Jute: The board of directors of the company has recommended 20 percent cash dividend for the year ended on June 30, 2015.
The AGM will be held on December 5 to give the final approval at the factory premises of the company in Kushtia (subject to approval of BSEC). The record date of the company is November 15.
The company has also reported EPS of BDT 3.08, NAV per share of BDT 87.22 and NOCFPS of BDT 11.62 for the year ended on June 30, 2015 as against BDT 1.61, BDT 73.90 and BDT 0.14 respectively for the year ended on June 30, 2014.
Paramount Textile: The board of directors of the company has recommended 16 percent cash dividend for the year ended on June 30, 2015.
The AGM will be held on December 3 at Spectra Convention Center in Dhaka.
The record date of the company is November 15.
The company has also reported EPS of BDT 1.77, NAV per share of BDT 21.20 and NOCFPS of BDT 3.48 for the year ended on June 30, 2015 as against BDT 1.71, BDT 19.44 and BDT 3.06 respectively for the year ended on June 30, 2014.
Zahintex Industries: The board of directors has recommended 5.0 percent cash dividend (except sponsor/director shareholder) and 10 percent stock dividend (for all) for the year ended on June 30, 2015.
The sponsors/directors shareholders hold 33,467,497 shares and general shareholders will get cash dividend of BDT 14,575,001.50.
The AGM will be held on December 28 at Gazipur. The record date of the company is November 12.
The company has also reported Net Profit after Tax of BDT 75.78 million, EPS of BDT 1.21, NAV per share of BDT 30.03, and NOCFPS of BDT 1.15 for the year ended on June 30, 2015.
Aamra Technologies: The board of directors has recommended 10 percent cash dividend for the year ended on June 30, 2015.
The AGM will be held on December 13 at Spectra Convention Center in Dhaka.
The record date of the company is Novemebr 16.
The company has also reported EPS of BDT 1.65, NAV per share of BDT 21.62 and NOCFPS of BDT 0.94 for the year ended on June 30, 2015.
Khan Brother: The board of directors has recommended 15 percent stock dividend for the year ended on June 30, 2015.
Date, time and venue of the AGM will be notified later on.
The record date of the company is November 23.
The company has also reported net profit after tax of BDT 97.09 Million, EPS of BDT 1.50, NAV per share of BDT 14.13 and NOCFPS of BDT 0.69 for the year ended on June 30, 2015.
Anlima Yarn: The board of directors has recommended 10 percent cash dividend for the year ended on June 30, 2015.
The AGM will be held on December 20 at Factory Premises at Savar.
The record date of the company is November 15.
The company has also reported EPS of BDT 1.09, NAV per share of BDT 12.10 and NOCFPS of BDT 2.56 for the year ended on June 30, 2015.
There will be no price limit on the trading of the shares of these companies today following their corporate declarations.
BBN/SS/AD