Dhaka, Bangladesh (BBN) – BSMR Steels and Bangladesh Steel Re-rolling Mills (BSRM) have declared 20 per cent and 10 per cent interim cash divided respectively for the year to be ended on June 30, 2017, according to separate official disclosure on Sunday.
The two flagship companies of BSRM Group, declared these interim cash dividend based on 6 months financials for the period ended on December 31, 2016.
The record date for entitlement of interim cash dividend for both companies is on February 16, 2017.
BSRM Steels: The board of directors of the company has declared 20 per cent interim cash dividend for the year ending on June 30, 2017 based on 6 months financials for the period ended on December 31, 2016.
The company has reported consolidated earnings per share (EPS) at BDT 3.67 for July-December, 2016 as against BDT 3.05 for July-December, 2015.
Consolidated net operating cash flow per share (NOCFPS) was BDT (8.08) for July-December, 2016 as against BDT 5.54 for July-December, 2015.
Consolidated net asset value (NAV) per share was BDT 34.40 as of December 31, 2016 and BDT 30.72 as of June 30, 2016.
BSRM: The board of directors of BSRM has declared 10 percent interim cash dividend for the year ending on June 30, 2017 based on 6 months financials for the period ended on December 31, 2016.
The company has reported earnings per share (EPS) at BDT 2.01 for July-December, 2016 as against BDT 3.29 for July-December, 2015.
Net operating cash flow per share (NOCFPS) was BDT (29.74) for July-December, 2016 as against BDT (14.81) for July-December, 2015.
Net asset value (NAV) per share was BDT 54.86 as of December 31, 2016 and BDT 52.84 as of June 30, 2016.
There will be no price limit on the trading of the shares of these two companies today following their corporate declaration.
BBN/SK/AD