Dhaka, Bangladesh (BBN) – Jamuna Oil Company Ltd has recommended 130 percent cash dividend for the year ended on June 30 in 2018, said an official disclosure on Thursday.
The board of directors of final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on February 02 in 2019 in Chattogram.
The record date is on December 27.
The state-run company has also reported earnings per share (EPS) of BDT 25.45, net asset value (NAV) per share of BDT 170.34 and net operating cash flow per share (NOCFPS) of minus BDT 51.31 for the year ended on June 30, 2018 as against BDT 20.31, BDT 166.98 and minus BDT 24.55 respectively for the same period of the previous year.
The company also published first quarter (Q1) earnings on Thursday. As per Q1 financial reports, EPS was BDT 6.29 for July-September, 2018 as against BDT 5.22 for July-September, 2017.
The NOCFPS was BDT 25.61 for July-September, 2018 as against BDT 27.22 for July-September, 2017.
The NAV per share was BDT 176.15 as on September 30, 2018 and BDT 170.34 as on June 30, 2018.
In 2017, the company disbursed 110 percent cash dividend.
Each share of the company, which was listed on the DSE in 2007, closed at BDT 193.60 on Wednesday.
The company’s paid-up capital is BDT 1.10 billion and authorised capital is BDT 3.0 billion, while the number of securities is 110.42 million.
The government owns 60.08 percent stake in the company, while institutional investors own 21.23 percent, foreign investors 3.49 percent and the general public 15.20 percent as on September 30, 2016.