Dhaka, Bangladesh (BBN) – Investment Corporation of Bangladesh (ICB), Kohinoor Chemicals and Golden Harvest Agro Industries have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosures on Sunday.
ICB: The board of directors of Investment Corporation of Bangladesh (ICB) has recommended 30 percent cash and 5.0 percent stock dividend for the year ended on June 30 in 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 23 at 10:30am at Hotel Purbani International in Dhaka.
The record date for entitlement of dividend is on November 26 in 2017.
The company has also reported consolidated earnings per share (EPS) of BDT 7.29, consolidated net asset value per share (NAV) per share of BDT 77.86 and consolidated net operating cash flow per share (NOCFPS) of BDT 54.54 for the year ended on June 30, 2017 as against BDT 5.25, BDT 59.30 and BDT 43.38 respectively for the same period of the previous year.
In 2016, the company disbursed 30 percent cash dividend.
Each share of company, which was listed on the Dhaka bourse in 1977, closed at BDT 183.50 on Thursday last the Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 6.32 billion and authorised capital is BDT 10 billion, while the total number of securities is 632.81 million.
Sponsor-directors own 69.81 percent stake in the company, the government owns 27 percent, institutional investors 1.49 percent and the general public 1.70 percent as on September 30, 2017, the DSE data shows.
KOHINOOR CHEMICALS: The board of directors of Kohinoor Chemicals has recommended 15 percent cash and 15 percent stock dividend for the year ended on June 30 in 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 14 at 10:00am at Officers’ Club in Dhaka.
The record date for entitlement of dividend is on November 23 in 2017.
The company has also reported earnings per share (EPS) of BDT 12.04, net asset value per share (NAV) per share of BDT 45.46 and net operating cash flow per share (NOCFPS) of BDT 34.58 for the year ended on June 30, 2017 as against BDT 9.79 (restated), BDT 34.25 (restated) and BDT 10.21 (restated) respectively for the same period of the previous year.
In 2016, the company disbursed 10 percent cash and 20 percent stock dividend.
Each share of company, which was listed on the Dhaka bourse in 1988, closed at BDT 454.70 on Thursday last the Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 121.88 million and authorised capital is BDT 500 million, while the total number of securities is 12.18 million.
Sponsor-directors own 48.72 percent stake in the company, while institutional investors own 13.93 percent and the general public 37.35 percent as on September 30, 2017, the DSE data shows.
GOLDEN HARVEST: The board of directors of Golden Harvest Argo Industries has recommended 10 percent stock dividend for the year ended on June 30 in 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 21 at 11:30am at Factory Premises in Gazipur.
The record date for entitlement of dividend is on November 23 in 2017.
The company has also reported consolidated earnings per share (EPS) of BDT 1.89, consolidated net asset value per share (NAV) per share of BDT 22.20 and net operating cash flow per share (NOCFPS) of BDT 3.47 for the year ended on June 30, 2017 as against BDT 1.80, BDT 20.29 and BDT 4.48 respectively for the same period of the previous year.
In 2016, the company also disbursed 10 percent stock dividend.
Each share of the company, which was listed on the Dhaka bourse in 2013, closed at BDT 38.90 on Thursday last the Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 990.09 million and authorised capital is BDT 1.0 billion, while the total number of securities is 99.09 million.
Sponsor-directors own 35.02 percent stake in the company, while institutional investors own 38.88 percent, foreign 0.57 percent and the general public 25.52 percent as on September 30, 2017, the DSE data shows.
There will be no price limit on the trading of the shares of these three companies on today following their corporate declarations.
BBN/SS/AD
