Saiham Cotton, GPH Ispat recommend dividend

Last updated: August 30, 2015

Dhaka, Bangladesh (BBN)-The Board of Directors of Saiham Cotton Mills has recommended 5.0 per cent cash dividend and 10 per cent stock dividend for the year ended on April 30, 2015, said an office disclosure on Sunday.
The final approval will come from the AGM scheduled to be held on October 28 at 11:30am at the Mill Premises, Noyapara, Saiham Nagar, Madhabpur, Habigonj. Record date: 17.09.2015.
The Company has also reported EPS of BDT 1.40, NAV per share of BDT 24.91 and NOCFPS of BDT 2.95 for the year ended on April 30, 2015 as against BDT 1.48, BDT 24.46 and BDT 8.93 respectively for the year ended on April 30, 2014.
There will be no price limit on the trading of the shares of the Company today following its corporate declaration.
GPH Ispat : The Board of Directors of GPH Ispat Ltd has recommended 17 per cent cash dividend for the year ended on April 30, 2015.
The final approval will come from the annual general meeting (AGM) will be held scheduled to be held on November 8 at 11:00am.
Venue will be notified later. The record date is on September 20.
The Company has also reported EPS of BDT 2.34, NAV per share of BDT 16.40 and NOCFPS of BDT 4.67 for the year ended on April 30, 2015.
There will be no price limit on the trading of the shares of the Company on 31.08.2015 following its corporate declaration made on 30.08.15.
BBN/BB/SK

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