Dhaka, Bangladesh (BBN) – The Board of directors of Premier Cement has recommended 20 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Monday.

The final approval will come during the annual general meeting (AGM) scheduled to be held on October 14 at 10am at Auditorium of Chittagong Club in Chittagong.

The record date is on September 21.

The company has also reported consolidated earnings per share (EPS) of BDT 5.17, consolidated net asset value (NAV) per share of BDT 40.71 and consolidated net operating cash flow per share (NOCFPS) of BDT 6.53 for the year ended on 30.06.2017 as against BDT 6.48, BDT 37.03 (restated) and BDT 11.30 (restated) respectively for the year ended on 30.06.2016.

Each share of the cement producer, which was listed on the Bangladesh’s stock market in 2013, closed at BDT 90.50 on Monday at DSE.

The company’s paid-up capital is BDT 1.05 billion and authorised capital is BDT 5.0 billion, while the total number of securities is 105.45 million.

Sponsor-directors own 80.83 percent stake in the company, while institutional investors own 10.20 percent, foreign investors 0.01 percent and the general public 8.96 percent as on July 31, 2017, the DSE data shows.

BBN/SSR/SR