Dhaka, Bangladesh (BBN) – Three more Bangladesh’s listed companies – Envoy Textiles, Modern Dyeing and IT Consultants – have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosures on Thursday.

ENVOY TEXTILES: The board of directors of Envoy Textiles has recommended 7.0 percent cash and 5.0 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 14 at 10:00am 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 2.05, net asset value per share (NAV) per share of BDT 38.51 and net operating cash flow per share (NOCFPS) of BDT (2.00) for the year ended on June 30, 2017 as against BDT 2.26 (restated), BDT 37.62 (restated) and BDT 1.01 (restated) respectively for the 9 months period ended on June 30, 2016.

In 2016, the textile maker disbursed 12 percent cash and 3.0 percent stock dividend.

Each share of the company, which made its share trading debut in March this year, closed at BDT 38.10 on Thursday at Dhaka Stock Exchange (DSE).

The company’s paid-up capital is BDT 1.56 billion and authorised capital is BDT 4.0 billion while total number of securities is 156.61 million.

The sponsor-directors own 45.59 percent stake in the company, institutional investors own 36.77 percent, foreign 4.24 percent and the general public 13.40 percent as on September 30, 2017, the DSE data shows.

MODERN DYEING: The board of directors of Modern Dyeing has recommended 8.0 percent cash dividend for the year ended on June 30 in 2017.

The board has also decided to hold an EGM to amend Article 101 and 103 of the Article of Association & reconstitute the Board of Directors of the Company.

The AGM will be held on November 26 at 10:00am in Dhaka.

The record date for entitlement of dividend is on November 1 in 2017.

The company has also reported EPS of BDT 1.35, NAV per share of BDT 4.74 and NOCFPS of BDT 2.25 for the year ended on June 30, 2017 as against BDT 1.49, BDT 7.84 and BDT 0.78 respectively for same period of the previous year.

IT CONSULTANTS: The board of directors of IT Consultants has recommended 6.0 percent cash and 4.0 percent stock dividend for the year ended on June 30 in 2017.

The AGM will be held on December 4 at 10:30am in Dhaka.

The record date for entitlement of dividend is on November 5 in 2017.

The company has also reported EPS of BDT 1.04, NAV per share of BDT 16.22 and NOCFPS of BDT 2.96 for the year ended on June 30, 2017 as against BDT 0.88 (restated), BDT 16.01 (restated) and BDT (1.46) (restated) respectively for the same period of the previous year.

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

BBN/SS/AD