Dhaka, Bangladesh (BBN) - Three more listed companies – Meghna Petroleum, Eastern Lubricants and Orion Pharmaceuticals have recommended dividend for the year ended on June 30, 2016, according to separate official disclosure on Sunday.
Meghna Petroleum: The board of directors of Meghna Petroleum Company has recommended 105 percent cash dividend for the year ended on June 30, 2016.
The final approval will come during the annual general meeting (AGM) scheduled to be held on February 25, 2017 at 10:30am at Lalkhan Bazar, Chittagong.
The record date for entitlement of dividend is on December 22, 2016.
The company has also reported earnings per share (EPS) of BDT 17.10, net asset value (NAV) per share of BDT 81.11 and net operating cash flow per share (NOCFPS) of BDT 109.55 for the year ended on June 30, 2016 as against BDT 18.80, BDT 74.51 and BDT 28.98 respectively for the year ended on June 30, 2015.
The company also disclosed first quarter financial reports for July-September, 2016 period. As per Q1 report, EPS was BDT 5.04 for July-September, 2016 as against BDT 4.91 for July-September, 2015; NOCFPS was BDT 20.78 for July-September, 2016 as against BDT 18.95 for July-September, 2015. NAV per share was BDT 86.15 as of September 30, 2016 and BDT 81.11 as of June 30, 2016.
Each share of the state-run company, which was listed on the bourses in 2007, closed at BDT 188.90 on Thursday.
Eastern Lubricants:The board of directors of Eastern Lubricants has recommended 100 percent cash dividend for the year ended on June 30, 2016.
The final approval will come during the annual general meeting (AGM) scheduled to be held on January 21, 2017 at 11am at City Hall Convention Center, Agrabad Access Road in Chittagong.
The record date for entitlement of dividend is on December 18, 2016.
The company has also reported earnings per share (EPS) of BDT 41.70, net asset value (NAV) per share of BDT 112.08 and net operating cash flow per share (NOCFPS) of BDT (80.30) for the year ended on June 30, 2016 as against BDT 3.78, BDT 73.41 and BDT 61.98 respectively for the year ended on June 30, 2015.
Each share of the state-run company, which was listed on the bourses in 1976, closed at BDT 1,377.90 on Thursday. The company’s share price hovered between BDT 300 and BDT 1,498 in the last one year.
The company’s paid-up capital is BDT 9.94 million and authorised capital is BDT 50 million, while total number of securities is 994,000, according to statistics from the DSE.
The sponsor-directors own 0.10 percent stake in the Eastern Lubricants, while the government owns 51 percent, institutional investors 22.18 percent and the general public 26.72 percent as on October 31, 2016.
Orion Pharma: The board of directors of Orion Pharmaceuticals has recommended 15 percent cash dividend for 18 months period from Jan 01, 2015 to June 30, 2016.
The final approval will come during the annual general meeting (AGM) scheduled to be held on December 20 at 10:30am at Officer’s Club in Dhaka.
The record date for entitlement of dividend is on December 01, 2016.
The company has also reported consolidated earnings per share (EPS) of BDT 5.65, consolidated net asset value (NAV) per share of BDT 69.99 and consolidated net operating cash flow per share (NOCFPS) of BDT 16.62 for 18 months period from Jan 01, 2015 to June 30, 2016.
Each share of the pharma company, which was listed on the bourses in 2013, closed at BDT 36.90 on Thursday.
The company’s paid-up capital is BDT 2,340 million and authorised capital is BDT 5,000 million, while total number of securities is 234,000,000, according to statistics from the DSE.
The sponsor-directors own 31.94 percent stake in the company, while institutional investors 37.54 percent, foreign 3.94 percent and the general public 26.54 percent as on October 31, 2016.
There will be no price limit on the trading of the shares of these companies today (Sunday) following their corporate declarations.
BBN/AD/SR