Dhaka, Bangladesh (BBN) – Bangladesh’s three listed companies – Meghna Petroleum, Keya Cosmetics and Eastern Cables – have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosures on Thursday.
MEGHNA PETROLEUM: The board of directors of Meghna Petroleum has recommended 110 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 January 20 in 2018 in Chittagong.
The record date for entitlement of dividend is on November 30.
The company has also reported earnings per share (EPS) of BDT 20.28, net asset value per share (NAV) BDT 91.35 and net operating cash flow per share (NOCFPS) of BDT 54.39 for the year ended on June 30, 2017 as against BDT 17.10, BDT 81.57 and BDT 108.41 respectively for the same period of the previous year.
Each share of the state-run company, which was listed on the Dhaka bourse in 2007, closed at BDT 194.90 on Wednesday at DSE.
KEYA COSMETICS: The board of directors of Keya Cosmetics has recommended 20 percent stock dividend for the year ended on June 30, 2017.
The board has also decided to increase the authorized capital of the company from BDT 10 billion to Tk 15 billion subject to approval of shareholders in the ensuing AGM.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 28 in Dhaka.
The record date for entitlement of dividend is on November 28.
The Company has also reported EPS of BDT 2.01, NAV per share of BDT 15.37 and NOCFPS of BDT (2.88) for the year ended on June 30, 2017 as against BDT 1.59 (restated), BDT 13.36 (restated) and BDT (0.40) (restated) respectively for the same period of the previous year.
Each share of the company, which was listed on the Dhaka bourse in 2001, closed at BDT 14.90 on Wednesday at DSE.
EASTERN CABLES: The board of directors of Eastern Cables 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 January 18 in Chittagong.
The record date for entitlement of dividend is on November 30.
The company has also reported EPS of BDT 1.19, NAV per share of BDT 30.61 and NOCFPS of BDT 1.89 for the year ended on June 30, 2017 as against BDT 1.35, BDT 30.43 and BDT 4.44 respectively for the same period of the previous year.
Each share of the company, which was listed on the Dhaka bourse in 1986, closed at BDT 141.70 on Wednesday at DSE.
There will be no price limit on the trading of the shares of these companies today following their corporate declarations.
BBN/SS/AD