Dhaka, Bangladesh (BBN) – Shasha Denims has declared 12.50 per cent interim cash dividend for the year to be ended on June 30, 2017, said an official disclosure on Wednesday.
The board of directors has declared the interim cash dividend out of its provisional consolidated net profit for the half year (July-December) ended on 31 December 2016.
The record date for entitlement of interim cash dividend is on February 14, 2017.
The company’s consolidated earnings per share (EPS) for July-December, 2016 period stood at BDT 2.63 as against BDT 2.49 (adjusted) for July-December, 2015.
Consolidated net operating cash flow per share (NOCFPS) was BDT 1.14 for July-December, 2016 as against BDT 2.63 for July-December, 2015.
Consolidated net asset value (NAV) per share was BDT 45.99 as of December 31, 2016 and BDT 44.86 as of June 30, 2016.
Shasha Denims, which was listed on the Dhaka bourse in 2015, disbursed a total of 25 percent (15 per cent final and 10 per cent interim) cash dividend in 2015.
The company’s paid-up capital is BDT 1.12 billion and authorised capital is BDT 2.25 billion, while the total number of securities is 112.78 million.
The sponsor-directors own 46.52 per cent stake in Shasha Denims, while institutional investors own 15.17 per cent, foreign investors 7.25 per cent and the general public only 31.07 per cent as on December29, 2016, the DSE data shows.
There will be no price limit on the trading of the shares of the company today following its corporate declaration
At DSE, each share price of the company closed at BDT 83.80 on Tuesday.
BBN/SK/AD