Dhaka, Bangladesh (BBN)- The board of directors of Bata Shoe Company Ltd has declared 175 percent interim cash dividend for the year ending on December 31, 2014, said an office disclosure on Tuesday.
The multinational listed company declared the interim dividend after considering the performance of the Company of nine months period from January 01, 2014 to September 30, 2014 and the retained earnings up to December 31, 2013.
The reported net profit after tax was BDT 543.43 million with EPS of BDT 39.72 for the period of nine months (Jan’14 to Sep’14) ended on 30.09.2014 as against BDT 541.14 million and BDT 39.56 respectively for the same period of the previous year.
Record Date for entitlement of interim dividend: 04.12.2014.
There will be no price limit on the trading of the shares of the Company today (Tuesday) following its corporate declaration.
The tannery sector company listed in the Dhaka Stock Exchange (DSE) in 1985. The company is belonging to the category of ‘A’. A market lot is 100 shares.
In the last 52 weeks price range is BDT 682 to 1,309 and Tuesday’s adjusted open price is Tk 1,099.6.
Of the total shares –sponsor-directors held by 70 percent, institutions 11.6 percent, foreign investors 0.02 percent and public 18.38 percent, according to DSE website.
BBN/SSR/AD-25Nov14-11:06 am (BST)