Dhaka, Bangladesh (BBN)-The board of directors of National Tubes and Delta Spinners recommended dividend for the year ended on June 30, 2015, according to separate official disclosures on Thursday.
NATIONAL TUBES: The Board of Directors of National Tubes has recommended 20 per cent stock dividend for the year ended on June 30, 2015.
The final approval will come during the annual general meeting (AGM) scheduled to be held on December 19 at 11:00am at the Factory Premises of the Company in Gazipur.
The record date is on November 24.
The company has also reported earnings per share (EPS) of BDT 2.26, net asset value (NAV) per share of BDT 287.54 and net operating cash flow per share (NOCFPS) of BDT 9.11 for the year ended on June 30, 2015 as against BDT 4.96, BDT 315.87 and BDT 13.89 respectively for the year ended on June 30, 2014.
DELTA SPINNERS: The Board of Directors of Delta Spinners has recommended 5.0 per cent cash dividend for general shareholders (excluding sponsors/directors) for the year ended on June 30, 2015.
The final approval will come during the annual general meeting (AGM) will be held on December 30 at 11:30am and venue of the AGM will be notified later.
The record date is on November 26.
The company has also reported consolidated profit after tax of BDT 72.10 million, consolidated EPS of BDT 0.58, consolidated NAV per share (including revaluation) of BDT 15.89 and consolidated NOCFPS of BDT 1.23 for the year ended on June 30, 2015 as against BDT 64.90 million, BDT 0.82, BDT 27.26 and BDT 2.98 respectively for the year ended on June 30, 2014.
There will be no price limit on the trading of the shares of these two companies today following their corporate declarations.
BBN/SK/AD