Chittagong, Bangladesh (BBN)-The Confidence Cement has recommended 27.50 per cent cash dividend, said an official disclosure on Monday.
The board of directors of Confidence Cement proposed the dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting scheduled to be held on July 26 at 11:00am at Factory Premises in Chittagong.
The record date is on May 19.
The Company has also reported earnings per share (EPS) of BDT 7.25, net asset value (NAV) per share of BDT 68.95 and net operating cash flow per share (NOCFPS) of BDT 9.02 for the year ended on December 31, 2015 as against BDT 4.85 (restated), BDT 63.66 (restated) and BDT 2.72 (restated) respectively for the year ended on December 31, 2014.
BBN/SK/AD