Bangladesh dividend

Sinobangla Industries recommends 10pc cash dividend

Last updated: February 28, 2016

Dhaka, Bangladesh (BBN) -The board of directors of Sinobangla Industries has recommended 10 percent cash dividend for the year ended on October 31, 2015, said a disclosure on Sunday.
The final approval will come during the annual general meeting (AGM) scheduled to be held on May 15 at 11:30am at Gazaria in Munshiganj.
The record date is on March 16.
The company has also reported earnings per share (EPS) of BDT 1.31, net asset value (NAV) per share of BDT 24.93 and net operating cash flow per share (NOCFPS) of BDT 10.94 for the year ended on October 31, 2015.
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 Sinibangla Industries share was BDT 40.9.
BBN/AD/AND

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