Dhaka, Bangladesh (BBN) – The board of directors of Bangladesh Steel Re-rolling Mills has recommended 5.0 percent cash and 10 percent stock dividend for the year ended on December 31, 2015, said an office disclosure on Thursday.
The final approval will come during the annual general meeting (AGM) scheduled to be held on March 30 at 12:30pm the Institution of Engineers Bangladesh in Chittagong Center.
The record date of the company is March 3.
The company has also reported net profit of BDT 827.67 million, basic earnings per share (EPS) of BDT 4.78 and diluted EPS of BDT 4.75, net asset value (NAV) per share of BDT 55.28 and net operating cash flow per share (NOCFPS) of BDT (10.16) for the year ended on December 31, 2015 as against BDT 109.09 million, BDT 0.70, BDT 0.68, BDT 54.10 and BDT (5.43) respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the company on Thursday following its corporate declaration.
BBN/SS/AD