Reliance Insurance has recommended 15 per cent cash and 10 per cent stock dividends for the year ending on December 31, 2018.
The company will hold its annual general meeting (AGM) in Dhaka on March 31, which will finally approve the dividend.
The record date for the AGM of shareholders is March 13, according to an official disclosure on Wednesday.
The company has also reported an EPS of Tk 5.21, NAV per share of Tk 60.82 and NOCFPS of Tk 3.52 for the year ending on December 31, 2018 as against Tk 4.78 (Restated), Tk 57.98 (Restated) and Tk 1.13 (Restated) respectively for the same period of the previous year.
Reliance Insurance, listed on the DSE in 1995, disbursed 15 per cent cash and 10 per cent stock dividends for the year ending on December 31, 2017.
On Wednesday, the last trading day of the week, each share of the company closed at Tk 49.60 at Dhaka Stock Exchange.
The company's paid-up capital is Tk 956 million, authorised capital is Tk 2.0 billion and the total number of securities is 95.60 million.
Its sponsor-directors own 62.21 per cent stake in the company, while institutional investors own 6.35 per cent, and the general public 31.44 per cent as of January 31, 2019.
Meanwhile, Legacy Footwear, another listed company, has declared 5.0 per cent interim cash dividend considering the performance of the company, based on audited financial statements for the half-year period to December 31, 2018.
The record date for entitlement of interim cash dividend is on March 13, said an official disclosure on Wednesday.
The company has reported (un-audited) an EPS of Tk 3.85 for July-December period of 2018 as against minus Tk 0.23 for the same period of 2017.
The EPS has soared because of higher turnover in the quarter ended on December 31, 2018, compared to the same period of the last year.
The net operating cash flow per share (NOCFPS) was negative Tk 0.69 for July-December 2018 as against Tk 0.30 for July-December 2017.
The NAV per share was Tk 21.43 as on December 31, 2018 and Tk 17.57 as on June 30, 2018.
Legacy Footwear, listed on the DSE in 2000, disbursed 5.0 per cent cash and 15 per cent stock dividend for the year ended on June 30, 2018.
Each share of the company closed at Tk 196.60 on Wednesday on the DSE.
The company's paid-up capital is Tk 130.80 million, authorised capital is Tk 750 million and the total number of securities is 13.07 million.
The sponsor-directors own 30 per cent stakes in the company, while institutional investors 18.48 per cent, foreign investors 6.12 per cent and the general public 45.40 per cent as of January 31, 2019.
