Dhaka, Bangladesh (BBN)-The board of directors of Heidelberg Cement, a multinational cement maker, has recommended 300 percent cash dividend for the year ended on December 31, 2015, said an official disclosure on Sunday.
The final approval will come during the annual general meeting (AGM) scheduled to be held on April 13 at 11:00am at the factory office at Rupgonj in Narayanganj.
The record date is on March 21.
The company has also reported net profit after tax of BDT 1,401.98 million, earning per share (EPS) of BDT 24.81, net asset value (NAV) per share of BDT 102.27 and net operating cash flow per share (NOCFPS) of BDT 34.75 for the year ended on December 31, 2015 as against BDT 1,179.56 million, BDT 20.88, BDT 115.46 and BDT 30.47 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.
Last trading day’s closing price of each Heidelberg Cement share was BDT 602.7.