Dhaka, Bangladesh (BBN)-The MJL Bangladesh has recommended 30 per cent cash and 10 per cent stock dividend, said an official disclosure on Monday.
The board of directors of MJL BD proposed the dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting scheduled to be held on July 16 at 10:30am at Bangladesh Krishi Khamar Sarak, Farmgate in Dhaka.
The record date is on May 24.
The Company has also reported consolidated earnings per share (EPS) of BDT 4.18, consolidated net asset value (NAV) per share of BDT 35.08 and consolidated net operating cash flow per share (NOCFPS) of BDT 8.93 for the year ended on December 31, 2015 as against BDT 3.83, BDT 31.26 and BDT 1.48 for the year ended on 31.12.2014.
There will be no price limit on the trading of the shares of the Company today following its corporate declaration.