Bangladesh’s eight more cos recommend dividend

Last updated: October 25, 2018

Dhaka, Bangladesh (BBN) - Eight more listed companies recommended dividend up to 28 percent for the year ended on June 30, 2018, according to separate official disclosures on Thursday.

The companies which recommended dividend are: Shahjibazar Power Company, Gemini Sea Food, Saiham Textile, Bangladesh Building Systems, Aamra Technologies, HR Textile, Miracle Industries and Zahintex Industries.

Shahjibazar Power: The board of directors of Shahjibazar Power Company has recommended 25 percent cash and 3.0 percent stock dividend for the year ended on June 30, 2018.

The final approval will come during the annual general meeting scheduled to be held on January 21, 2019 in Dhaka. The record is on December 03.

The company has also reported consolidated earnings per share (EPS) of BDT 4.10, consolidated net asset value (NAV) per share of BDT 32.95 and consolidated net operating cash flow per share (NOCFPS) of BDT 2.53 for the year ended on June 30, 2018 as against BDT 5.50 (restated), BDT 34.49 and BDT 13.61 respectively for the same period of the previous year.

Gemini Sea Food: The board of directors has recommended 15 percent stock dividend for the year ended on June 30, 2018.

The AGM will be held on December 13 and the record date is on November 20.

The company has also reported EPS of BDT 0.70, NAV per share of BDT 12.27 and NOCFPS of minus BDT 8.33 for the year ended on June 30, 2018 as against BDT 5.81, BDT 11.57 and minus BDT 47.55 respectively for the same period of the previous year.

Saiham Textile: The Board of Directors has recommended 15 percent cash dividend for the year ended on June 30, 2018.

The AGM will be held on December 18 and the record date is on November 15.

The Company has also reported EPS of BDT 1.21, NAV per share of BDT 26.98 and NOCFPS of BDT 0.15 for the year ended on June 30, 2018 as against BDT 1.02, BDT 26.94 and BDT 0.75 respectively for the same period of the previous year.

BBS: The Board of Directors has recommended 10 percent stock dividend for the year ended on June 30, 2018.
The AGM will be held on December 23 and the record date is on November 20.

The Company has also reported EPS of BDT 1.93, NAV per share of BDT 15.97 and NOCFPS of BDT 2.25 for the year ended on June 30, 2018 as against BDT 2.65 (restated), BDT 14.50 (restated) and BDT 0.58 (restated) respectively for the same period of the previous year.

Aamra Technologies: The Board of Directors has recommended 10 percent cash dividend for the year ended on June 30, 2018.

The AGM will be held on December 24 and the record date is on November 13.

The Company has also reported EPS of BDT 1.61, NAV per share of BDT 23.24 and NOCFPS of BDT 0.68 for the year ended on June 30, 2018 as against BDT 1.52, BDT 22.63 (restated) and BDT 2.13 respectively for the same period of the previous year.

HR Textile: The Board of Directors has recommended 10 percent cash dividend for the year ended on June 30, 2018.
The AGM will be held on December 23 and the record date is on November 28.

The Company has also reported EPS of BDT 1.70, NAV per share of BDT 15.36 and NOCFPS of BDT 6.04 for the year ended on June 30, 2018 as against BDT 1.43, BDT14.66 and BDT 9.45 respectively for the same period of the previous year.

Miracle Industries: The Board of Directors has recommended 8.0 percent stock dividend for the year ended on June 30, 2018.

The AGM will be held on December 15 and the record date is on November 13.

The Company has also reported EPS of BDT 1.00, NAV per share of BDT 41.71 and NOCFPS of BDT 11.27 for the year ended on June 30, 2018 as against BDT 1.17 (restated), BDT 40.71 (restated) and BDT 0.68 (restated) respectively for the same period of the previous year.

Zahintex: The Board of Directors has recommended 3.0 percent cash dividend for the shareholders except sponsors/directors for the year ended on June 30, 2018.

The AGM will be held on December 26 and the record date is on November 20.

The Company has also reported EPS of BDT 0.60, NAV per share of BDT 24.91 and NOCFPS of minus BDT 1.59 for the year ended on June 30, 2018 as against BDT 0.73, BDT 26.75 and BDT 2.27 respectively for the same period of the previous year.

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