Dhaka, Bangladesh (BBN) – Four more Bangladesh’s listed companies – Stylecraft, JMI Syringes & Medical Devices, Shasha Denims and Shepherd Industries – have recommend dividend for the year ended on June 30 in 2017, according to separate official disclosures on Wednesday.
STYLECRAFT: The board of directors of Stylecraft Limited has recommended 10 percent cash and 80 percent stock dividend for the year ended on June 30 in 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 4 at 10:30 am.
The venue of the AGM will be notified later on.
The record date for entitlement of dividend is on November 2 in 2017.
The company has also reported earnings per share (EPS) of BDT 52.47, net asset value per share (NAV) per share of BDT 508.04 and net operating cash flow per share (NOCFPS) of BDT 89.44 for the year ended on June 30, 2017 as against BDT 75.94, BDT 443.50 and BDT 108.33 respectively for the year ended on June 30, 2016.
The company has further informed that they will conduct an Extraordinary General Meeting (EGM) on December 4 after the AGM.
The agenda of the EGM is to increase the authorised capital of the company from BDT 10 million to BDT 1.0 billion. The venue of the EGM will also be notified later.
Each share of the company, which was listed on the Dhaka bourse in 1983, closed at BDT 1,721.40 on Tuesday at Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 5.50 million and authorised capital is BDT 10 million while total number of securities is 550,000.
The sponsor-directors own 55.46 percent stake in the company, institutional investors own 6.78 percent and the general public own 37.76 percent as on September 30, 2017, the DSE data shows.
JMI SYRINGES: The board of directors of JMI Syringes & Medical Devices has recommended 30 percent cash dividend for the year ended on June 30 in 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 30 at 11:00am in Dhaka.
The record date for entitlement of dividend is on October 31 in 2017.
The company has also reported earnings per share (EPS) of BDT 6.78, net asset value per share (NAV) per share of BDT 67.64 and net operating cash flow per share (NOCFPS) of BDT 13.97 for the year ended on June 30, 2017 as against BDT 6.43, BDT 64.63 and BDT 32.09 respectively for the same period of the previous year.
In 2016, the company disbursed 35 percent cash dividend.
Each share of the company, which was listed with the Dhaka bourse in 2013, closed at BDT 187.90 on Tuesday at Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 110 million and authorised capital is BDT 1.0 billion while total number of securities is 11 million.
The sponsor-directors own 49.31 percent stake in the company, institutional investors own 8.75 per cent, foreign 12.73 percent and the general public own 29.21 percent as on September 30, 2017, the DSE data shows.
SHASHA DENIMS: The board of directors of Shasha Denims has recommended 12.50 percent cash and 6.0 percent stock dividend for the year ended on June 30, 2017.
However, the company will disburse total 31 percent dividend, including 12.50 percent interim cash dividend which was already paid for the year ended on June 30 in 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on November 15 at 10:00am at Trust Milonayaton in Dhaka.
The record date for entitlement of dividend is on October 31 in 2017.
The company has also reported earnings per share (EPS) of BDT 5.23, net asset value per share (NAV) per share of BDT 47.34 and net operating cash flow per share (NOCFPS) of BDT 2.68 for the year ended on June 30, 2017 as against BDT 4.99, BDT 44.86 and BDT 4.62 respectively for the same period of the previous year.
Each share of the company, which listed with the Dhaka bourse in 2015, closed at BDT 67.60 on Tuesday at Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 1.12 billion and authorised capital is BDT 2.25 billion while total number of securities is 112.78 million.
The sponsor-directors own 46.52 percent stake in the company, institutional investors own 15.06 percent, foreign 4.30 percent and the general public own 34.12 percent as on August 31 in 2017, the DSE data shows.
SHEPHERD INDUSTRIES: The board of directors of Shepherd Industries has recommended 10 percent stock dividend for the year ended on June 30, 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on November 21 at 10:30am am in Dhaka.
The record date for entitlement of dividend is on October 31 in 2017.
The company has also reported earnings per share (EPS) of BDT 1.14, net asset value per share (NAV) per share of BDT 18.34 and net operating cash flow per share (NOCFPS) of BDT (6.0) for the year ended on June 30 in 2017 as against BDT 1.76, BDT 18.70 and BDT 6.69 respectively for the same period of the previous year.
Each share of the company, which made its share trading debut in March this year, closed at BDT 36.80 on Tuesday at Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 1.24 billion and authorised capital is BDT 1.90 billion while total number of securities is 124.20 million.
The sponsor-directors own 51.48 percent stake in the company, institutional investors own 3.15 percent, foreign 25.90 percent and the general public own 19.47 percent as on September 30, 2017, the DSE data shows.
There will be no price limit on the trading of the shares of these four companies today following their corporate declarations.
BBN/SS/AD
