Dhaka, Bangladesh (BBN)-The board of directors has recommended 550 per cent cash dividend for the year ended on December 31, 2015, said an official disclosure on Tuesday.
The final approval will come during the annual general meeting (AGM) scheduled to be held on April 12, at 10:30am at Ball Room of Pan Pacific Sonargaon Hotel in Dhaka.
The record date is on March 14.
The company has also reported net profit after tax of BDT 5,846.01 million, earning per share (EPS) of BDT 97.43, net asset value (NAV) per share of BDT 243.49 and net operating cash flow per share (NOCFPS) of BDT 151.68 for the year ended on December 31, 2015, said the disclosure.
In 2014, the multinational company also disbursed 550 percent cash dividend.
There will be no price limit on the trading of the shares of the company today (Tuesday) following its corporate declaration.
Monday’s closing price of each BATBC share was BDT 2,988.8.