Dhaka, Bangladesh (BBN) – Delta Brac Housing (DBH) Finance Corporation has approved the audited accounts for the six months period from July 01, 2016 to December 31, 2016 and recommended 15 per cent cash dividend, said an official disclosure on Thursday.
The board of directors of final approval of shareholders will come during the annual general meeting (AGM) scheduled to be held on May 23 at 10:30am at Six Seasons Hotel in Dhaka.
The record date for entitlement of dividend is on May 7.
The company has also reported earnings per share (EPS) of BDT 2.71, net asset value (NAV) per share of BDT 29.47 and net operating cash flow per share (NOCFPS) of BDT 29.92 for the 6 months period from July-December, 2016 as against BDT 2.36 (restated), BDT 25.53 (restated) and BDT 14.87 (restated) respectively for the same period from July-December, 2015.
The company has also reported EPS of BDT 6.45 (restated), NAV per share of BDT 29.62 (restated) and NOCFPS of BDT 7.51 (restated) for the 12 months period from July 01, 2015 to June 30, 2016.
There will be no price limit on the trading of the shares of the company today following its corporate declaration.
Each share of company, which was listed on the Dhaka bourse in 2008, closed at BDT 116.20 on Wednesday at DSE.
The company’s paid-up capital is BDT 1.21 billion and authorised capital is BDT 2.0 billion, while the total number of securities is 121.85 million.
Sponsor-directors own 51.32 per cent stake in the company, while the institutional investors own 7.03 per cent, government 35.37 per cent and the general public 6.28 per cent as on February 28, 2017, the DSE data shows.
BBN/SK/AD