Mozaffar Spinning Mills declares 25pc dividend

Last updated: September 4, 2014


Dhaka, Bangladesh (BBN)-The board of directors of Mozaffar Hossain Spinning Mills has recommended 25 percent stock dividend for the year ended on June 30, said an office disclosure on Thursday.
The annual general meeting (AGM) will be held on October 30 at the factory office in Narayanganj to approve the dividend.
The record date of the company’s share is September 25, 2014.
The company has also reported EPS of BDT 2.62, NAV per share of BDT 18.23 and NOCFPS of BDT 2.20 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 – 39.61 percent held by sponsor-directors, 20.78 percent held by institutional investors while 39.62 percent share held by public, according to Dhaka Stock Exchange website.
The company listed in the Dhaka bourse – DSE - in this year.
The company is belonging to the “textile” sector under the category of “N”.
BBN/BB/AS-04Sept14-11:30am (BST)

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