Aamra Technologies recommends 10pc dividend

| Updated: October 25, 2017 02:33:47

Aamra Technologies recommends 10pc dividend

The board of director of newly listed Aamra Technologies Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017.

 The final approval of dividend will come during the Annual General Meeting (AGM) scheduled to be held on December 21 at 10:30am in Dhaka.

The record date for entitlement of dividend is on November 9, 2017.

The company has also reported earnings per share (EPS) of Tk 1.52, net asset value per share (NAV) per share of Tk 22.62 and net operating cash flow per share (NOCFPS) of Tk 2.13 for the year ended on June 30, 2017 as against Tk. 1.48, Tk. 22.10 and Tk. 5.23 respectively for the same period of the previous year.

There will be no price limit on the trading of the shares of the company today (Tuesday) following its corporate declaration.

Each share of the company, which was listed on the Dhaka bourse in 2012, closed at Tk 32.60 each on Monday at Dhaka Stock Exchange (DSE).

The company’s paid-up capital is Tk 553.69 million and authorised capital is Tk 1.0 billion while total number of securities is 55.36 million.

The sponsor-directors own 30.01 per cent stake in the company, institutional investors own  29.14 per cent, foreign 0.13 per cent and the general public 40.72 per cent as on September 30, 2017, the DSE data shows.

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