Dhaka, Bangladesh (BBN)- The board of directors of three more state-run companies have recommended dividend for the year ended on June 30, 2018, according to separate official disclosures on Sunday.
The companies are: Padma Oil Company, Eastern Lubricants and National Tubes Ltd.
Padma Oil: The board of directors of Padma Oil Company has recommended 130 percent cash dividend for the year ended on June 30, 2018.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on February 16, 2019 in Chattogram.
The record date is on December 19.
The company has also reported earnings per share (EPS) of BDT 34.18, net asset value (NAV) per share of BDT 126.78 and net operating cash flow per share (NOCFPS) of BDT 36.37 in the negative for the year ended on June 30, 2018 as against BDT 20.68, BDT 103.60 and BDT 116.42 respectively for the same period of the previous year.
In 2017, the company disbursed 110 percent cash dividend.
Each share of the company, which was listed on the DSE in 1976, closed at BDT 250.50 on Thursday last.
Eastern Lubricants: The board of directors of Eastern Lubricants has recommended 100 percent cash dividend for the year ended on June 30, 2018.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on January 19, 2019 in Chattogram.
The record date is on December 03.
The company has also reported EPS of BDT 36.23, NAV per share of BDT 169.31 and NOCFPS of BDT 87.26 for the year ended on June 30, 2018 as against BDT 41.00, BDT 143.07 and BDT 4.75 respectively for the same period of the previous year.
The company also disbursed 100 percent cash dividend in 2017.
Each share of the company, which was listed on the DSE in 1976, closed at BDT 1430.30 on Thursday last.
National Tubes: The board of directors of National Tubes has recommended 10 percent stock dividend for the year ended on June 30, 2018.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 18, 2019 in Gazipur.
The record date is on November 29.
The company has also reported EPS of BDT 2.05 in the negative, NAV per share of BDT 193.62 and NOCFPS of BDT 0.69 for the year ended on June 30, 2018 as against BDT 2.71 in the negative, BDT 215.36 and BDT 1.24 respectively for the same period of the previous year.
In 2017, the company also disbursed 10 percent stock dividend.
Each share of the company, which was listed on the DSE in 1989, closed at BDT 102.90 on Thursday last.
BBN/SSR/SR