Dhaka, Bangladesh (BBN)- The board of directors of four more listed companies have recommended dividend for the year ended on June 30, 2017, according to separate official disclosures on Wednesday.
The companies are Padma Oil Company, Orion Pharmaceuticals, Orion Infusions and National Tubes.
Padma Oil: The board of directors of Padma Oil Company has recommended 110 percent cash dividend for the year ended on June 30, 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on February 17, 2018 in Chittagong.
The record date for entitlement of dividend is on December 18.
The company has also reported earnings per share (EPS) of BDT 20.68, net asset value per share (NAV) BDT 103.60 and net operating cash flow per share (NOCFPS) of BDT 116.42 for the year ended on June 30, 2017 as against BDT 19.07, BDT 92.92 and BDT 80.22 respectively for the same period of the previous year.
Orion Pharma: The board of directors of Orion Pharmaceuticals has recommended 15 percent cash dividend for the year ended on June 30, 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 14 in Dhaka.
The record date for entitlement of dividend is on November 29.
The company has also reported consolidated earnings per share (EPS) of BDT 3.40, consolidated net asset value per share (NAV) BDT 70.95 (including revaluation surplus) and consolidated NOCFPS of BDT 9.62 for the year ended on June 30, 2017 as against BDT 5.65, BDT 69.99 and BDT 16.62 respectively for the year ended on June 30, 2016.
Orion Infusions: The board of directors of Orion Infusions has recommended 14 percent cash dividend for the year ended on June 30, 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 14 in Dhaka.
The record date for entitlement of dividend is on November 29.
The company has also reported EPS of BDT 1.53, NAV per share of BDT 12.57 and NOCFPS of BDT 1.38 for the year ended on June 30, 2017 as against BDT 5.25, BDT 12.98 and BDT 5.15 respectively for the same period of the previous year.
National Tubes: The board of directors of National Tubes has recommended 10 percent stock dividend for the year ended on June 30, 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 24 in Gazipur.
The record date for entitlement of dividend is on November 27.
The state-run company has also reported EPS of BDT (2.86), NAV per share of BDT 215.20 and NOCFPS of BDT 1.24 for the year ended on June 30, 2017 as against BDT 0.03, BDT 239.63 and BDT 2.26 respectively for the same period of the previous year.
There will be no price limit on the trading of the shares of these companies today following their corporate declarations.
BBN/SSR/SR