Dhaka, Bangladesh (BBN)-The board of directors of Matin Spinning Mills has recommended 25 percent cash dividend for the year ended on June 30, 2014, said an office disclosure on Thursday.
The dividend will be approved at the annual general meeting scheduled to be held on October 10 on the factory premises of the company in Kashimpur of Gazipur.
Record date: October 2, 2014.
The company has also reported EPS (weighted average method) of BDT 4.24, EPS (Fully diluted basis) of BDT 3.26, NAV per share with revaluation reserve of BDT 39.42, NAV per share without revaluation reserve of BDT 29.21 and NOCFPS of BDT 11.06 for the year ended on June 30, 2014.
There will be no price limit on the trading of the shares of the company today (Thursday) following its corporate declaration.
Of the total shares – 65.02 percent held by sponsor-directors, 3.5 percent held by institutional investors and 31.48 percent share held by public, according to DSE website.
The company listed in the Dhaka bourse – DSE – in 2014.
The company is belonging to the fuel and power sector under the category of ‘N’.
BBN/BB/SS-18Sept14-11:50am (BST)