stock and cash dividend

Envoy Textiles recommends 15% dividend

Last updated: October 17, 2016

Dhaka, Bangladesh (BBN) - The board of directors of Envoy Textile has recommended 12 percent cash and 3.0 percent stock dividend for the 9 months period from October 01, 2015 to June 30, 2016, said an official disclosure on Sunday.
The final approval will come during the annual general meeting (AGM) scheduled to be held on December 15 at 10am at Panthapath in Dhaka.
The record date for entitlement of dividend is on November 14.
The company has also reported earning per share (EPS) of BDT 2.32, net asset value (NAV) per share of BDT 38.75 and NOCFPS of Tk. 1.04 for the 9 months period ended June 30, 2016 which was Tk. 3.76 (restated), Tk. 38.18 (restated) and Tk. 1.98 (restated) respectively for 12 months period ended on September 30, 2015.(end)
There will be no price limit on the trading of the shares of the company today following its corporate declaration.
Each share of Envoy Textile, which was listed on the Dhaka bourse in 2012, closed at BDT 38.90 on Thursday.

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