A total of 18 listed companies recommended dividend in last week ranging from 1.0 per cent to 100 per cent for the year ended on June 30, 2019.
Most the companies have recommended cash dividend, while two others recommended dividend in the form of both cash and stock.
The EPS (earnings per share) of some companies declined compared to previous year, while the Power Grid Company of Bangladesh witnessed a significant rise in earnings.
Of the companies, Padma Oil Company has recommended the highest amount of cash dividend. The company has recommended 130 per cent cash dividend for the year ended on June 30, 2019 against 110 per cent cash dividend distributed for the previous year.
The company has also reported EPS of Tk. 29.07, NAV per share of Tk. 142.85 and NOCFPS of Tk. (52.29) for the year ended on June 30, 2019 as against Tk. 34.18, Tk. 126.78 and Tk. (36.37) respectively for the same period of the previous year.
Eastern Lubricants has recommended 100 per cent cash dividend for the year ended on June 30, 2019 against same amount of cash dividend distributed for the previous year.
The company has reported EPS of Tk. 23.45, NAV per share of Tk. 182.76 and NOCFPS of Tk. 137.47 for the year ended on June 30, 2019 as against Tk. 36.23, Tk. 169.31 and Tk. 87.26 respectively for the same period of the previous year.
Pharma Aids has recommended 50 per cent cash dividend for the year ended on June 30, 2019 against same amount of cash dividend distributed for the previous year.
The company has reported EPS of Tk. 15.48, NAV per share of Tk. 71.08 and NOCFPS of Tk. 8.05 for the year ended on June 30, 2019 as against Tk. 15.07, Tk. 60.81 and Tk. 12.51 respectively for the same period of the previous year.
Power Grid Company of Bangladesh has recommended 20 per cent cash dividend for the year ended on June 30, 2019 against 15 per cent cash dividend distributed for the previous year.
The company has also reported EPS of Tk. 8.33, NAV per share of Tk. 143.76 and NOCFPS of Tk. 14.60 for the year ended on June 30, 2019 as against Tk. 4.73, Tk. 108.12 and Tk. 27.51 respectively for the same period of the previous year.
Of other companies, Orion Pharma recommended 15 per cent cash dividend, Samorita Hospital 10 per cent cash and 5.0 per cent stock, M. L. Dyeing 5.0 per cent cash and 15 per cent stock, GBB Power 10 per cent cash, S. Alam Cold Rolled Steels 10 per cent cash, National Tubes 10 per cent stock, and Matin Spinning Mills 15 per cent cash for the year ended on June 30, 2019.
