Dhaka, Bangladesh (BBN) – The board of directors of six more listed companies – Renata Limited, Apex Spinning, Apex Foods, Aftab Automobiles, Navana CNG and Hamid Fabrics – have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosures on Sunday.

RENATA LIMITED: The board of directors of Renata Limited has recommended 90 percent final cash dividend and 15 percent stock dividend for the year ended on June 30 in 2017.

The total dividend will be 130 percent cash dividend, inclusive 40 percent interim cash dividend which has already been paid, 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 9 at 11:00am in Dhaka.

The record date for entitlement of dividend is on November 9 in 2017.

The company has also reported consolidated earnings per share (EPS) of BDT 43.98, consolidated net asset value per share (NAV) per share of BDT 212.54 and consolidated net operating cash flow per share (NOCFPS) of BDT 60.09 for the year ended on June 30, 2017 as against BDT 37.35, BDT 179.66 and BDT 32.02 respectively for the same period of the previous year.

Each share of the company, which was listed on the Dhaka bourse in 1979, closed at BDT 1,174.30 each on Thursday at Dhaka Stock Exchange (DSE).

The company’s paid-up capital is BDT 608.97 million and authorised capital is BDT 1.0 billion while total number of securities is 60.89 million.

The sponsor-directors own 51.16 percent stake in the company, institutional investors own  17.27 percent, foreign 21.78 percent and the general public 9.79 percent as on September 30, 2017, the DSE data shows.

APEX SPINNING:  The board of directors of Apex Spinning 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 21 at 9:00am at Spectra Convention Center in Dhaka.

The record date for entitlement of dividend is on November 15 in 2017.

The company has also reported earnings per share (EPS) of BDT 2.76, net asset value per share (NAV) per share of BDT 52.77 and consolidated net operating cash flow per share (NOCFPS) of BDT 14.67 for the year ended on June 30, 2017 as against BDT 2.79, BDT 51.67 and BDT (12.27) respectively for the same period of the previous year.

In 2016, the spinning mills disbursed 22 percent cash dividend.

Each share of the company, which was listed on the Dhaka bourse in 1994, closed at BDT 139.40 each on Thursday last at Dhaka Stock Exchange (DSE).

The company’s paid-up capital is BDT 84 billion and authorised capital is BDT 300 million while total number of securities is 8.40 million.

The sponsor-directors own 57.29 percent stake in the company, while institutional investors own 21.94 percent, foreign 4.25 percent and the general public 16.52 percent as on September 30, 2017, the DSE data shows.

APEX FOODS: The board of directors of Apex Foods Limited 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 21at 11am at Spectra Convention Center in Dhaka.

The record date for entitlement of dividend is on November 15 in 2017.

The company has also reported earnings per share (EPS) of BDT 1.56, net asset value per share (NAV) per share of BDT 115.10 and consolidated net operating cash flow per share (NOCFPS) of BDT (25.57) for the year ended on June 30, 2017 as against BDT (2.32), BDT 108.61 and BDT 23.39 respectively for the same period of the previous year.

In 2016, the company also disbursed 20 percent cash dividend.

Each share of the company, which was listed on the Dhaka bourse in 1981, closed at BDT 140.60 each on Thursday last at Dhaka Stock Exchange (DSE).

The company’s paid-up capital is BDT 57.02 million and authorised capital is BDT 150 million while total number of securities is 5.70 million.

The sponsor-directors own 38.96 percent stake in the company, institutional investors own  7.92 percent and the general public 53.12 percent as on September 30, 2017, the DSE data shows.

AFTAB AUTOMOBILES: The board of directors of Aftab Automobiles has recommended 16 percent cash dividend for the general investor only (excluding sponsors/directors) for the year ended on June 30 in 2017.

The sponsors/directors hold 2,72,08,098 shares out of total 9,57,32,422 shares of the company and general shareholders will get cash dividend of BDT 10,96,38,918.

The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 11 at 9:30am in Dhaka.

The record date for entitlement of dividend is on November 9, 2017.

The company has also reported consolidated earnings per share (EPS) of BDT 4.12,consolidated net asset value per share (NAV) per share of BDT 59.27 and consolidated net operating cash flow per share (NOCFPS) of BDT 1.32 for the year ended on June 30, 2017 as against BDT 2.89, BDT 56.08 and BDT 10.44 respectively for the same period of the previous year.

Each share of the company, which was listed on the Dhaka bourse in 1987, closed at BDT 63.90 each on Thursday at Dhaka Stock Exchange (DSE).

The company’s paid-up capital is BDT 957.32 million and authorised capital is BDT 1.20 billion while total number of securities is 95.73 million.

The sponsor-directors own 28.42 percent stake in the company, institutional investors own  35.09 percent and the general public 36.49 percent as on September 30, 2017, the DSE data shows.

NAVANA CNG: The board of directors of Navana CNG has recommended 15 percent cash dividend for general shareholders only (excluding sponsors/directors) for the year ended on June 30 in 2017.

The sponsors/directors hold 2,91,16,427 shares out of total 6,85,28,592 shares of the company and general shareholders will get cash dividend of Tk. 5,91,18,247.50.

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

The record date for entitlement of dividend is on November 13 in 2017.

The company has also reported earnings per share (EPS) of BDT 3.03, net asset value per share (NAV) per share of BDT 33.62 and net operating cash flow per share (NOCFPS) of BDT 1.43 for the year ended on June 30, 2017 as against BDT 3.36, BDT 31.40 and BDT 0.09 respectively for the same period of the previous year.

Each share of the company, which was listed on the Dhaka bourse in 2009, closed at BDT 69 each on Thursday last at Dhaka Stock Exchange (DSE).

The company’s paid-up capital is BDT 685.28 million and authorised capital is BDT 1.50 billion while total number of securities is 68.52 million.

The sponsor-directors own 42.49 percent stake in the company, institutional investors own  22.22 percent the general public 35.29 percent as on September 30 in 2017, the DSE data shows.

HAMID FABRICS: The board of directors of Hamid Fabrics has recommended 15 percent cash dividend for general shareholders only for the year ended on June 30 in 2017.

The directors hold 46,764,794 shares and the general shareholders will get cash dividend of Tk 66,438,777.

The AGM will be held on December 27 at 11am in Dhaka. The record date is on November 20.

The company has also reported EPS of BDT 0.79, NAV per share of BDT 38.07 and NOCFPS of BDT 2.25 for the year ended on June 30, 2017 as against BDT 1.01, BDT 38.01 and BDT 7.08 respectively for the same period of the previous year.

There will be no price limit on the trading of the shares of these six companies today following their corporate declarations.

BBN/SS/AD