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The Financial Express

Jute Spinners, Alltex, Salvo Chemicals declare 'no' dividend

| Updated: October 28, 2019 11:51:05


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The boards of directors of 23 more listed companies have recommended dividend ranging between 2.0 per cent and 40 per cent for the year ended on June 30, 2019.

Three other companies - Jute Spinners, Alltex Industries and Salvo Chemicals Industries declared 'no' dividend for the year ended on June 30, 2019, according to official disclosures on Sunday.

The companies which recommended dividend between 2.0 per cent and 40 per cent are: Kohinoor Chemicals, ACI Formulations, Confidence Cement, Esquire Knit Composite, Beacon Pharma, CVO Petrochemicals Refinery, Deshbandhu Polymer, IFAD Autos, Orion Infusions, Premier Cement and Information Services Network.

Shepherd Industries, Daffodil Computers, Aftab Automobiles, Bengal Windsor Thermoplastic, GPH Ispat, Pacific Denims, Navana CNG, Nahee Aluminum, Baraka Power, Silco Pharma, Bangladesh Building Systems and Anlima Yarn Dyeing also recommended dividends.

Kohinoor Chemicals: The board of directors of Kohinoor Chemicals has recommended 20 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2019.

The annual general meeting (AGM) will be held on December 15. The record date is on November 17.

ACI Formulations: The board of directors of ACI Formulations has recommended 35 per cent cash dividend for the year ended on June 30, 2019.

The AGM will be held on December 23. The record date is on December 3.

Esquire Knit Composite: Esquire Knit Composite has recommended 15 per cent cash dividend for the year ended on June 30, 2019.

The AGM will be held on January 30, 2020. The record date is on December 5.

Orion Infusions: The board of directors has recommended 14 per cent cash dividend for the year ended on June 30, 2019.

The AGM will be held on December 15, 2019. The record date is on November 17.

GPH Ispat: The board of directors has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019.

Pacific Denims: The board of directors has recommended 14 per cent stock dividend for the year ended on June 30, 2019.

Nahee Aluminum: The board of directors has recommended 5.0 per cent cash dividend and 10 per cent stock dividend for the year ended on June 30, 2019.

Silco Pharmaceuticals: The board of directors has recommended 2.0 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2019.

BBS: The board of directors has recommended 10 per cent stock dividend for the year ended on June 30, 2019.

Bengal Windsor: The board of directors has recommended 5.0 per cent cash dividend for the year ended on June 30, 2019.

The board of directors of Navana CNG, Baraka Power, Premier cement and Daffodil Computers have recommended 10 per cent cash dividend each for the year ended on June 30, 2019.

IFAD Autos and Aftab Automobiles declared 10 per cent cash dividend each (excluding sponsors & directors) for the year ended on June 30, 2019.

Anlima Yarn Dyeing, Beacon Pharma and Deshbandhu Polymer declared 5.0 per cent cash dividends each.

Information Services Network and CVO Petrochemicals Refinery declared 2.0 per cent cash dividend each.

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