Dhaka, Bangladesh (BBN) – Bangladesh’s four more listed companies – Square Pharmaceuticals, Square Textile, Aamra Networks and Aamra Technologies – have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosures on Tuesday.
SQUARE PHARMA: The board of directors of Square Pharmaceuticals has recommended 35 percent cash and 7.50 percent stock dividend for the year ended on June 30 in 2017.
The board has also approved BDT 2.02 billion for BMRE (Balancing, Modernisation, Rehabilitation and Expansion), capital machineries and lands for future expansion.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 4 at 10:00 am at Dhaka Club in Dhaka.
The record date for entitlement of dividend is on November 8 in 2017.
The company has also reported consolidated earnings per share (EPS) of BDT 15.51, consolidated net asset value per share (NAV) per share of BDT 71.47 and consolidated net operating cash flow per share (NOCFPS) of BDT 13.92 for the year ended on June 30, 2017 as against BDT 13.41, BDT 59.12 and BDT 14.02 respectively for the same period of the previous year.
In 2016, the pharma company’s disbursed 40 percent cash and 10 percent stock dividend.
Each share of the company, which was listed on the Dhaka bourse in 1995, closed at BDT 297 each on Monday at Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 6.86 billion and authorised capital is BDT 10 billion while total number of securities is 685.95 million.
The sponsor-directors own 34.43 percent stake in the company, institutional investors own 10.13 percent, foreign 19.33 percent and the general public 36.11 percent as on September 30, 2017, the DSE data shows.
SQUARE TEXTILE: The board of directors of Square Textile has recommended 20 percent cash and 5.0 percent stock dividend for the year ended on June 30 in 2017.
The board has also approved BDT 300 million for BMRE (Balancing, Modernisation, Rehabilitation and Expansion) and purchase of lands for further expansion.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 4 at 11:00 am at Samson H Chowdhury Centre in Dhaka Club.
The record date for entitlement of dividend is on November 8 in 2017.
The company has also reported consolidated earnings per share (EPS) of BDT 2.30, consolidated net asset value per share (NAV) per share of BDT 41.05 and consolidated net operating cash flow per share (NOCFPS) of BDT 1.29 for the year ended on June 30 in 2017 as against BDT 4.14, BDT 41.03 and BDT 7.37 respectively for the same period of the previous year.
In 2016, the company disbursed 25 percent cash and 10 percent stock dividend.
Each share of the company, which was listed on the Dhaka bourse in 2002, closed at BDT 64.50 each on Monday at Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 1.78 billion and authorised capital is BDT 3.0 billion while total number of securities is 178.91 million.
The sponsor-directors own 61.83 percent stake in the company, institutional investors own 19.24 percent, foreign 6.73 percent and the general public 12.20 percent as on September 30, 2017, the DSE data shows.
AAMRA NETWORKS: The board of directors of newly listed Aamra Networks has recommended 10 percent cash dividend for the year ended on June 30, 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 21 at 12:00 noon in Dhaka.
The record date for entitlement of dividend is on November 9 in 2017.
The company has also reported earnings per share (EPS) of BDT 3.22, net asset value per share (NAV) per share of BDT 22.88 and net operating cash flow per share (NOCFPS) of BDT 1.36 for the year ended on June 30 in 2017 as against BDT 3.19, BDT 23.66 and BDT 2.06 respectively for the same period of the previous year.
Each share of the company, which made its share trading debut on October 2, this year, closed at BDT 102.60 each on Monday at Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 530.41 million and authorised capital is BDT 1.0 billion while total number of securities is 53.04 million.
The sponsor-directors own 33.04 percent stake in the company, institutional investors own 33.77 percent, foreign 15.98 percent and the general public 17.21 percent as on September 30, 2017, the DSE data shows.
Aamra Networks raised a capital worth BDT 562.50 million under book building method.
AAMRA TECHNOLOGIES: The board of directors of newly listed Aamra Technologies has recommended 10 per cent cash dividend for the year ended on June 30, 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 21 at 10:30am in Dhaka.
The record date for entitlement of dividend is on November 9, 2017.
The company has also reported earnings per share (EPS) of BDT 1.52, net asset value per share (NAV) per share of BDT 22.62 and net operating cash flow per share (NOCFPS) of BDT 2.13 for the year ended on June 30, 2017 as against BDT 1.48, BDT 22.10 and BDT 5.23 respectively for the same period of the previous year.
Each share of the company, which was listed on the Dhaka bourse in 2012, closed at BDT 32.60 each on Monday at Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 553.69 million and authorised capital is BDT 1.0 billion while total number of securities is 55.36 million.
The sponsor-directors own 30.01 percent stake in the company, institutional investors own 29.14 percent, foreign 0.13 percent and the general public 40.72 percent as on September 30, 2017, 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/SS/AD
