Dhaka, Bangladesh (BBN)-Dragon Sweater and Spinning has recommended 15 per cent stock dividend, said an official disclosure on Wednesday.
The board of directors of Dragon Sweater proposed the dividend for the year ended on December 31, 2015.
The Board has also decided to hold an extraordinary general meeting (EGM)
The annual general meeting and EGM will be held on June 27.
Time for EGM and AGM respectively: 11.00am and 12:00pm at Imperial Convention Center Malibagh in Dhaka.
The record date is on May 12.
The company has also reported earnings per share (EPS) of BDT 1.68, net asset value (NAV) per share of BDT 20.47 and net operating cash flow per share (NOCFPS) of BDT 1.72 for the year ended on December 31, 2015 as against BDT 1.48, BDT 18.79, BDT 3.72 respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the Company today following its corporate declaration.
Tuesday’s closing price of each share of the company was BDT 14.30.
Dragon Sweater made its share trading debut last month on the Dhaka Stock Exchange (DSE) and Chittgong Stock Exchange (CSE) under ‘N’ category.