Dhaka, Bangladesh (BBN)– The board of directors of Aman Feed has recommended 20 percent cash and 10 percent stock dividend for the year ended on June 30, 2018, according to an official disclosure on Monday.
The final approval will come during the annual general meeting scheduled to be held on December 19. The record is on November 25.
The company has also reported earnings per share (EPS) of BDT 4.63, net asset value (NAV) per share of BDT 33.68 and net operating cash flow per share (NOCFPS) of minus BDT 11.96 for the year ended on June 30, 2018 as against BDT 4.54, BDT 33.96 and BDT 4.58 respectively for the same period of the previous year.
The company, which was listed on the Dhaka bourse in 2015, also disbursed 20 percent cash and 10 percent stock dividend in 2017.
Each share of the company closed at BDT 55.80 on Sunday.
There will be no price limit today on the trading of shares of the company following its corporate disclosure.
The sponsor-directors own 63.26 percent stake in the company, while institutional investors own 11.02 percent, foreign investors 0.17 percent and the general public 25.35 percent as on September 30, 2016.
The company’s paid-up capital is only BDT 1.16 billion and authorised capital is BDT 1.50 billion, while total number of securities is 116.16 million, according to statistics from the DSE.