Dhaka, Bangladesh (BBN)- The board of directors of four more listed companies have recommended dividend ranging 10 percent to 30 percent for the year ended on December 31, 2017, according to separate official disclosures on Sunday.
The companies are: —Uttara Finance, Premier Leasing & Investment, City General Insurance Company and Bay Leasing & Investment.
Uttara Finance: The board of directors Uttara Finance has recommended 30 percent cash dividend for the year ended on December 31, 2017.
The final approval of the dividend will come during the annual general meeting scheduled to be held on May 24 in Dhaka.
The record date for entitlement of dividend is April 26.
The Company has also reported earnings per share (EPS) of BDT 7.25, net asset value (NAV) per share of BDT 49.62 and net operating cash flow per share (NOCFPS) of BDT 11.33 for the year ended on December 31, 2017 as against BDT 6.62, BDT 45.49 and BDT 6.28 respectively for the same period of the previous year.
In 2016, the company also disbursed 30 percent cash dividend.
Each share of the bank, which was listed on the Dhaka bourse in 1997, closed at BDT 68.60 on Thursday last at the Dhaka Stock Exchange.
The company’s paid-up capital is BDT 1.25 billion and authorised capital is BDT 5.0 billion while the total number of securities is 125.22 million.
The sponsor-directors own 48.34 percent stake in the company, while the institutional investors 32.98 percent, foreign 3.91 percent and the general public 14.77 percent as on February 28, 2018, the DSE data shows.
Premier Leasing: The board of directors Premier Leasing & Finance has recommended 5 percent cash and 5.0 percent stock dividend for the year ended on December 31, 2017.
The final approval of the dividend will come during the annual general meeting scheduled to be held on May 14 in Dhaka.
The record date for entitlement of dividend is April 26.
The company has also reported consolidated EPS of BDT 1.12, Consolidated NAV per share of BDT 16.98 and consolidated NOCFPS of BDT 12.05 for the year ended on December 31, 2017 as against BDT 1.24 (restated), BDT 12.95 and BDT 0.66 (restated) respectively for the same period of the previous year.
In 2016, the company also disbursed 5.0 percent cash and 5.0 percent stock dividends.
Each share of the bank, which was listed on the Dhaka bourse in 2005, closed at BDT 16 on Thursday last at the Dhaka Stock Exchange.
City General Insurance: The board of directors City General Insurance Company has recommended 10 percent stock dividend for the year ended on December 31, 2017.
The final approval of the dividend will come during the annual general meeting scheduled to be held on June 10 in Dhaka.
The record date for entitlement of dividend is on April 26.
The Company has also reported EPS of BDT 1.10, NAV per share of BDT 15.76 and NOCFPS of BDT 0.82 for the year ended on December 31, 2017 as against BDT 1.50, BDT 15.60 and BDT 0.57 respectively for the same period of the previous year.
In 2016, the company disbursed 10 percent cash dividend.
Each share of the bank, which was listed on the Dhaka bourse in 2007, closed at BDT 16.20 on Thursday last at the Dhaka Stock Exchange.
Bay Leasing: The board of directors Bay Leasing & Investment has recommended 10 percent cash and 5.0 percent stock dividend for the year ended on December 31, 2017.
The final approval of the dividend will come during the annual general meeting scheduled to be held on May 19 in Dhaka.
The record date for entitlement of dividend is April 30.
The Company has also reported Consolidated EPS of BDT 1.24, Consolidated NAV per share of BDT 19.94 and Consolidated NOCFPS of BDT 0.21 for the year ended on December 31, 2017 as against BDT 0.77, BDT 20.19 and BDT (2.03) respectively for the same period of the previous year.
In 2016, the company also disbursed 15 percent cash dividend.
Each share of the bank, which was listed on the Dhaka bourse in 2009, closed at BDT 24.30 on Thursday last at the Dhaka Stock Exchange.
The company’s paid-up capital is BDT 1.30 billion and authorised capital is BDT 3.0 billion while the total number of securities is 130.90 million.
The sponsor-directors own 36.25 percent stake in the company, while the institutional investors 34.90 percent and the general public 28.50 percent as on February 28, 2018, 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/SSR/SR