Dhaka, Bangladesh (BBN)-The board of directors of Jamuna Oil Company has recommended 90 percent cash dividend and 10 percent stock dividend for the year ended on June 30, 2014.
The final approval will came during the annual general meeting (AGM) scheduled to be held on February 7 at the Hotel Agrabad Chittagong.
Record date of the company is December 11.
The company has also reported profit after tax of BDT 2,316.78 million, EPS of BDT 23.08, NAV per share of BDT 118.53 and NOCFPS of BDT 76.31 for the year ended on June 30, 2014.
There will be no price limit on the trading of the shares of the company today (Tuesday) following its corporate declaration. Last closing price of each share was BDT 258.50 as on Monday.
In 2013, the Jamuna Oil Company also gave 90 percent cash and 10 percent stocks dividend.
The company listed in the Dhaka bourse in 2007.
It is belonging to the fuel and power sectors and category of ‘A’.
Of the total shares – Government held by 60.08 percent, institutions 19.66 percent, foreign 0.01 percent and public held by 20.25 percent.
BBN/BB/AS-18Nov14-12:40pm (BST)