Dhaka, Bangladesh (BBN)-The board of directors of Singer Bangladesh Ltd has recommended 25 per cent cash dividend for the year ended on December 31, 2015, said an official disclosure on Wednesday.
The final approval will come during the annual general meeting scheduled to be held on May 5 at 10:00am at the Spectra Convention Centre, Gulshan-01 in Dhaka.
The record date is on March 23.
The company has also reported earnings per share (EPS) of BDT 4.81, net asset value (NAV) per share of BDT 18.48 and net operating cash flow per share (NOCFPS) of BDT 10.05 for the year ended on December 31, 2015 as against BDT 4.72, BDT 19.91 and BDT 12.85 respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the Company today following its corporate declaration.
Last trading day’s closing price of each Singer BD’s share was BDT 188.