Dhaka, Bangladesh (BBN)-The Apex Footwear Ltd has recommended 50 per cent cash dividend, said an official disclosure on Tuesday.
The board of directors of Apex Footwear proposed the dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting scheduled to be held on May 10 at 10:30am at the Spectra Convention Centre Gulsha-1 in Dhaka.
The record date is on April 19.
The company has also reported earnings per share (EPS) of BDT 4.65, net asset value (NAV) per share of BDT 233.58 and net operating cash flow per share (NOCFPS) of BDT 28.44 for the year ended on December 31, 2015 as against BDT 18.05, BDT 234.43 and BDT 58.73 respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the company today following its corporate declaration.
Monday’s closing price of each Apex Footwear share was BDT 319.9.