Dhaka, Bangladesh (BBN) – The board of directors of Linde Bangladesh Limited has declared 200 percent interim cash dividend for the year ending December 31, 2016, officials said on Monday.
The company declared the said amount of dividend out of the provisional net profits of the company for the half year ended on 30th June 2016 and retained earnings as of 31st December 2015.
The record date for availing for interim cash dividend is on August 16, 2016.
The company has also reported earnings per share (EPS) at BDT 31.88 for January-June, 2016 period as against BDT 16 for the same period in the previous year.
The net operating cash flow per share (NOCFPS) was BDT 25.66 for January-June, 2016 as against BDT 37.29 for January-June, 2015.
The net asset value (NAV) per share was BDT 203 as of June 30, 2016 as against BDT 176.30 as of June 30, 2015.
Each share of the company traded between BDT 1,426 and BDT 1,445, before closing at BDT 1,428.10 on Monday, losing 1.05 percent over the previous day.
The company disbursed 310 percent cash dividend for the year ended on December 31, 2015 (200 percent interim and 110 percent final).
The multinational company was listed on the Bangladesh stock market in 1976. Linde Bangladesh, the pioneer in industrial gases belongs to the “A” category.
The sponsor-directors own 60 percent stake in the Linde Bangladesh, while the institutional investors own 25.10 percent, and the general public own 14.90 percent as of June 30, 2015.
The company’s paid-up capital is BDT 152.18 million and authorised capital is BDT 200 million, while the total number of securities is 15,218,280, the DSE data showed.