Dhaka, Bangladesh (BBN) – The board of directors of four more listed companies – Rahim Textiles, MI Cement Factory, Malek Spinning and Beacon Pharmaceuticals – have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosures on Monday.

RAHIM TEXTILE: The board of directors of Rahim Textile Mills has recommended 15 percent cash and 15 percent stock dividend for the year ended on June 30 in 2017.

The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 27 in Dhaka at 9:00am at Spectra Convention Centre in Dhaka.

The record date for entitlement of dividend is on November 14 in 2017.

The company has also reported earnings per share (EPS) of BDT 6.61, net asset value per share (NAV) per share of BDT 41.08 and net operating cash flow per share (NOCFPS) of BDT 17.81 for the year ended on June 30, 2017 as against BDT 6.37 (restated), BDT 48.25 and BDT 32.66 respectively for the same period of the previous year.

Each share of the company, which was listed on the Dhaka bourse in 1988 closed at BDT 338.90 each on Sunday at Dhaka Stock Exchange (DSE).

The company’s paid-up capital is BDT 67.98 million and authorised capital is BDT 500 million while total number of securities is 6.79 million.

The sponsor-directors own 74.56 percent stake in the company, institutional investors own  0.97 percent and the general public 24.47 percent as on September 30, 2017, the DSE data shows.

MI CEMENT: The board of directors of M. I. Cement Factory has recommended 20 percent cash dividend for the year ended on June 30 in 2017.

The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 4 in Dhaka at 11:00am at Factory Premises in Munshiganj.

The record date for entitlement of dividend is on November 16 in 2017.

The company has also reported earnings per share (EPS) of BDT 4.45, net asset value per share (NAV) per share of BDT 47.80 and net operating cash flow per share (NOCFPS) of BDT 1.73 for the year ended on June 30, 2017 as against BDT 5.01, BDT 45.29 and BDT 10.68 respectively for the same period of the previous year.

Each share of the company, which was listed on the Dhaka bourse in 2011, closed at BDT 86.80 each on Sunday at Dhaka Stock Exchange (DSE).

The company’s paid-up capital is BDT 1.48 billion and authorised capital is BDT 5.0 billion while total number of securities is 148.50 million.

The sponsor-directors own 67.08 percent stake in the company, institutional investors own 17.17 percent, foreign 0.34 percent and the general public 15.41 percent as on September 30 in 2017, the DSE data shows.

MALEK SPINNING: The board of directors of Malek Spinning has recommended 10 percent cash dividend for the year ended on June 30 in 2017.

The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 27 at 10:30am at Spectra Convention Centre in Dhaka.

The record date for entitlement of dividend is on November 14 in 2017.

The company has also reported consolidated earnings per share (EPS) of BDT 1.05, consolidated net asset value per share (NAV) per share of BDT 45.20 and consolidated net operating cash flow per share (NOCFPS) of BDT 4.02 for the year ended on June 30, 2017 as against BDT 1.52, BDT 45.15 and BDT 1.68 respectively for the year ended on June 30 in 2016.

Each share of the company, which was listed on the Dhaka bourse in 2010 closed at BDT 21 each on Sunday at Dhaka Stock Exchange (DSE).

The company’s paid-up capital is BDT 1.93 billion and authorised capital is BDT 3.0 billion while total number of securities is 193.60 million.

The sponsor-directors own 43.93 percent stake in the company, institutional investors own  31.65 percent, foreign 5.16 percent and the general public 19.26 percent as on September 30 in 2017, the DSE data shows.

BEACON PHARMA: The board of directors of Beacon Pharmaceuticals has recommended 5.0 percent cash dividend for the year ended on June 30 in 2017.

The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 28 at 11:00am at Factory Premises in Mymensingh.

The record date for entitlement of dividend is on November 20 in 2017.

The company has also reported earnings per share (EPS) of BDT 0.45, net asset value per share (NAV) per share of BDT 12.95 and net operating cash flow per share (NOCFPS) of BDT 4.25 for the year ended on June 30, 2017 as against BDT 0.27, BDT 13.00 and BDT 2.41 respectively for the same period of the previous year.

Each share of the company, which was listed on the Dhaka bourse in 2010 closed at BDT 21.70 each on Sunday at Dhaka Stock Exchange (DSE).

The company’s paid-up capital is BDT 2.31 billion and authorised capital is BDT 3.0 billion while total number of securities is 231 million.

The sponsor-directors own 30 percent stake in the company, institutional investors own  15.83 percent and the general public 54.17 percent as on September 30 in 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