Dhaka, Bangladesh (BBN)-The Board of Directors of Marico Bangladesh Limited has declared 100 per cent interim cash dividend, said an office disclosure on Tuesday.
The board of directors of Marico BD proposed the dividend for the year ended on March 31, 2016,
The multinational company declared the interim cash dividend based on nine months (April-December 2015) financials for the period ended on December 31, 2015.
The record date for entitlement of interim cash dividend is on February 15, 2016.
As per audited third quarter (Q3) financial report, the company’s earnings per share (EPS) was BDT 10.27 for September-December, 2015 as against BDT 8.99 for September-December, 2014.
In nine months (April-December 2015), EPS was BDT 37.43 as against BDT 36.54 for the same period in 2014.
Last trading day’s closing price of each Marico share was BDT 1,369.6.
Marico Bangladesh was listed on the Dhaka bourse in 2009. The pharma & Chemicals sector company belongs to the “A” category.
The sponsor-directors own 90 per cent stake in Marico, while institutional investors own 9.24 per cent and the general public 0.76 per cent.
The company’s paid-up capital is BDT 315 million and authorized capital is BDT 400 million while total number of securities is 31,500,000, according to DSE website figures.
There will be no price limit on the trading of the shares of the company today (Tuesday) following its corporate declaration.