Dhaka, Bangladesh (BBN) - The board of directors of Regent Textile Mills has recommended 5.0 percent cash dividend for the 6 months period from January 01, 2016 to June 30, 2016, said an official disclosure on Sunday.
So, the total 10 percent cash and 5.0 percent stock dividend for the 18 months period ended on June 30, 2016 inclusive of 5.0 percent cash and 5.0 percent stock dividend for the period ended on December 31, 2015 which was declared earlier.
The final approval will come during the annual general meeting (AGM) scheduled to be held on November 27 at 10am at the Institution of Engineer, Bangladesh Chittagong Centre in Chittagong.
The record date for entitlement of dividend is on November 07.
The company has also reported earning per share (EPS) of BDT 1.94, net asset value (NAV) per share of BDT 31.37 and net operating cash flow per share (NOCFPS) of BDT 2.92 for the 18 months period from January 01, 2015 to June 30, 2016 which was BDT 1.21, BDT 33.66 and BDT 2.82 respectively for 12 months period ended on December 31, 2015.
There will be no price limit on the trading of the shares of the Company today following its corporate declaration.
Each share of Regent Textile, which was listed on the Dhaka bourse in 2015, closed at BDT 13.10 on Thursday.
BBN/SSR/SR