Dhaka, Bangladesh (BBN) – Four more listed companies – Premier Cement, DESCO, Peninsula Chittagong and JMI Syringes & Medical Devices have recommended dividend for the year ended on June 30, 2016, according to separate official disclosure on Sunday.
Premier Cement: The board of directors has recommended 15 percent cash dividend for the year ended on June 30, 2016.
The final approval will come during the annual general meeting (AGM) scheduled to be held on November 26 at at 11am at Auditorium of Chittagong Club in Chittagong.
The record date for entitlement of dividend is on November 9.
The company has also reported consolidated earning per share (EPS) of BDT 6.48, consolidated net asset value (NAV) per share of BDT 40.39 and consolidated net operating cash flow per share (NOCFPS) of BDT 11.28 for the year ended on 30.06.2016 as against BDT 3.83, BDT 32.22 and BDT 3.73 respectively for the year ended on 30.06. 2015.
DESCO: The board of directors has recommended 10 percent cash dividend for the year ended on June 30, 2016.
The AGM will be held on January 7 at 10am at PSC Convention Hall, Mirpur-14 in Dhaka.
The record date is on November 17.
The company has also reported EPS of BDT 1.12, NAV per share of BDT 37.04 and NOCFPS of BDT 8.23 for the year ended on 30.06.2016 as against BDT 4.11, BDT 32.53 and BDT 7.88 respectively for the year ended on 30.06. 2015.
Peninsula: The board of directors has recommended 10 percent cash dividend for the year ended on June 30, 2016.
The board has also decided to change the mode of utilization of IPO proceeds and its implementation schedule, which is subject to the approval of shareholders in the EGM.
The EGM and AGM will be held on December 4.at 9:30am and 10:00am respectively at Chittagong Club in Chittagong.
The record date for EGM and AGM: 10.11.2016.
The company has also reported EPS of BDT 0.84, NAV per share of BDT 31.16 and NOCFPS of BDT 0.56 for the year ended on June 30, 2016 as against BDT 1.27, BDT 32.84 and BDT 0.17 respectively for the year ended on June 30, 2015.
JMI Syringe: The board of directors has recommended 10 percent final cash dividend for the period from January to June 2016. (i.e. total 35% cash dividend for the 18 months period ended on June 30, 2016 inclusive of 25% Interim cash dividend which was declared earlier and paid to the shareholders as per schedule time.
The AGM will be held on December 24 at 10:30am at White House Hotel, 155, Shantinagar in Dhaka. The record date is on November 13.
The Company has also reported EPS of BDT 8.88, NAV per share of BDT 64.63 and NOCFPS of BDT 34.02 for the period from January'15 to June' 2016 as against BDT 6.91, BDT 51.26 and BDT 24.24 respectively from January'14 to June' 2015.
The company has also reported EPS of BDT 4.07, NAV per share of BDT 64.63 and NOCFPS of BDT 24.42 for the period from January to June, 2016 as against BDT 2.45, BDT 51.26 and BDT 1.93 respectively for the period from January to June, 2015.
There will be no price limit on the trading of the shares of these companies today following their corporate declaration.
BBN/AD/SR