Grameenphone

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Dhaka, Bangladesh (BBN) – The board of directors of GrameenPhone (GP) has recommended 105 percent interim cash dividend for the year 2017 out of the provisional net profits of the company for the half year ended on June 30 in 2017.
The board has recommended the interim cash dividend of the paid-up capital of the company which represents 98 percent of the profit after tax for the half year ended on June 30, 2017 (BDT 10.50 per share of BDT 10 each), out of the provisional net profits of the company for the half year ended on June 30, 2017, said an official disclosure on Thursday.
The record date for entitlement of the interim cash dividend is on August 2, 2017, the disclosure said.
The GP’s second quarter (Q2) earnings per share (EPS) was BDT 5.87 for April-June, 2017 as against BDT 3.77 for April-June, 2016.
In six months for January-June, 2017, EPS was BDT 10.72 for as against BDT 7.92 for the same period of the previous year.
Net operating cash flow per share (NOCFPS) was BDT 23.23 for January-June, 2017 as against BDT 13.56 for January-June, 2016.
The net asset value (NAV) per share was BDT 26.59 as on June 30, 2017 and BDT 24.74 as on June 30, 2016.
There will be no price limit on the trading of the shares of the company today following its corporate declaration.
The lone listed mobile phone company’s share, which was listed on the Dhaka bourse in 2009, closed at BDT 347.90 each on Wednesday at DSE.
BBN/SS/ANS