Dhaka, Bangladesh (BBN)-The Beximco Limited has recommended 15 per cent stock dividend, said an official disclosure on Thursday.
The board of directors of Beximco Limited proposed the dividend for the year ended on December 31, 2015.
However, the final approval will come during the annual general meeting (AGM) scheduled to be held on June 4, at 3:00pm at Bexmico Industrial Park in Gazipur.
The record date is on May 12.
The company has also reported net profit after tax of BDT 716.56 million, earnings per share (EPS) of BDT 1.04, net asset value (NAV) per share of BDT 72.36 and net operating cash flow per share (NOCFPS) of BDT (5.02) for the year ended on 31.12.2015 as against BDT 641.23 million, BDT 0.93, BDT 82.30 and BDT (4.81) respectively for the year ended on 31.12.2014.
There will be no price limit on the trading of the shares of the company today following its corporate declaration.
In 2014, the company also disbursed 15 percent stock dividend.
BBN/SK/AD