Dhaka, Bangladesh (BBN)-The board of directors of Wata Chemicals has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on December31, 2016, said a disclosure posted on the Dhaka Stock Exchange website on Sunday.
The final approval will come during the annual general meeting scheduled to be held on April 16 at 11:00am, value will be notified later.
The record date is on March 29.
The Company has also reported Net Profit after Tax of BDT 31.64 million, EPS of BDT 4.01, NAV per share of BDT 81.86 and NOCFPS of BDT 5.46 for the year ended on 31.12.15 as against BDT 36.57 million, BDT 4.63 (restated), BDT 77.85 (restated) and BDT 2.78 (restated) respectively for the year ended on 31.12.14.
The Company has requested the Shareholders’ to update their respective Bank Accounts Number, address, contact number, email and e-Tin number through their respective DPs before the Record Date.
There will be no price limit on the trading of the shares of the Company today following its corporate declaration.
BBN/SK/AD