Dhaka, Bangladesh (BBN) – The board of directors of Linde Bangladesh has recommended 200 percent interim cash dividend for the year that will end on December 31 in 2017, said an official disclosure on Tuesday.
The record date for entitlement of the divided is on August 13.
The company also reported second quarter (Q2) earnings per share (EPS) of BDT 12.10 for April-June, 2017 as against BDT 15.14 for April-June, 2016.
In six months for January-June, 2017, EPS was BDT 28.27 as against BDT 31.88 for January-June, 2016.
Net operating cash flow per share (NOCFPS) was BDT 39.04 for January-June, 2017 as against BDT 25.66 for January-June, 2016.
Net asset value (NAV) per share was BDT 227.20 as of June 30, 2017 and BDT 203.00 as of June 30, 2016.
There will be no price limit on the trading of the shares of the multinational company today following its corporate declaration.
Each share of the multinational company, which was listed on the Dhaka bourse in 1976, closed at BDT 1,294.50 on Monday at DSE.
Linde Bangladesh, a multinational company, has been operating gas business in Bangladesh in the last 50 years with continuous expansion in operations and business. It is a pioneer in industrial gas in Bangladesh.
The company disbursed total 310 percent cash dividend (110 per cent final and 200 percent interim) for the year ended on December 31, 2016.
In 2015, the company also disbursed 310 percent cash dividend.
The company’s paid-up capital is BDT 152.18 million and authorised capital is also BDT 200 million, while the total number of securities is 15,218,280.
The sponsor-directors own 60 percent stake in Linde BD, while institutional investors 29 percent and the general public 11 percent as on June 30, 2017, the DSE data shows.
BBN/SS/ANS