Dhaka, Bangladesh (BBN)-The board of directors Berger Paints Ltd has recommended total 370 per cent final cash dividend for the year ended on December 31, 2015, said an official disclosure on Tuesday.
The company has already paid 100 per cent interim cash dividend for the year 2015, which was included in the latest declaration.
Actually, the shareholder of the company will get remaining 270 per cent cash dividend for the same calendar year.
The final approval will come during the annual general meeting scheduled to be held on April 18 at 10:00am at the International Convention City at Bashundhara in Dhaka.
The record date is on April 4.
The multinational company has also reported consolidated profit after tax of BDT 1,492.77 million, consolidated earnings per share (EPS) of BDT 64.37, consolidated net asset value (NAV) per share of BDT 186.42 and consolidated net operating cash flow per share (NOCFPS) of BDT 92.90 for the year ended on December 31, 2015 as against BDT 1,151.03 million, BDT 49.64, BDT 154.04 and BDT 54.66 respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the company today following its corporate declaration.
Monday’s closing price of each Berger Paints share was BDT 1,975.9.