Dhaka, Bangladesh (BBN) – The board of directors of Bata Shoe Company and Keya Cosmetics have declared dividend, according to separate official disclosures on Tuesday.
BATA SHOE: The board of directors of Bata Shoe Ltd has recommended 240 percent interim cash dividend.
The multinational company declared the interim dividend considering the performance of the company up to 3rd quarter 2018 results and the retained earnings up to December 31, 2017.
The record date for entitlement of dividend is on December 11.
The company has also reported earnings per share (EPS) of BDT 61.51, net asset value (NAV) per share of BDT 359.84 and net operating cash flow per share (NOCFPS) of BDT 10.81 in the negative for period ended on September 30, 2018 as against BDT 56.71, BDT 306.19 and BDT 8.90 respectively for the same period of the previous year.
Each share of the company, which was listed on the DSE in 1985, closed at BDT 1083 on Monday.
In 2017, the company disbursed a total of 335 percent cash dividend.
The company’s paid-up capital is BDT 136.80 million and authorised capital is BDT 200 million, while the number of securities is 13.68 million.
The sponsor-directors own 70 percent stake in the company, while institutional investors own 19.79 percent, foreign investors 1.69 percent and the general public 8.52 percent as on October 31, 2018.
KEYA COSMETICS: The board of directors of Keya Cosmetics Ltd has recommended 10 percent stock dividend for the year ended on June 30, 2018.
The final approval will come during the annual general meeting scheduled to be held on January 26, 2019 at Konabari in Gazipur.
The record date for entitlement of dividend is on December 12.
The company has also reported earnings per share (EPS) of BDT 1.21, net asset value (NAV) per share of BDT 14.02 and net operating cash flow per share (NOCFPS) of BDT 2.05 in the negative for period ended on September 30, 2018 as against BDT 2.01, BDT 15.37 and minus BDT 2.88 respectively for the same period of the previous year.
Each share of the company, which was listed on the DSE in 2001, closed at BDT 7.40 on Monday.
In 2017, the company disbursed a total of 20 percent stock dividend.
The company’s paid-up capital is BDT 10 billion and authorised capital is BDT 15 billion, while the number of securities is 1.0 billion.
The sponsor-directors own 46.27 percent stake in the company, while institutional investors own 8.78 percent and the general public 44.95 percent as on October 31, 2018.
BBN/SS/ANS
