The board of directors of ACME Laboratories Limited has recommended 35 per cent cash dividend for the year ended on 30 June 2018.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 6 in Dhaka, said an official disclosure on Wednesday.
The record date is October 31, 2018.
The company has also reported consolidated earnings per share (EPS) of Tk 6.74, consolidated net asset (NAV) per share of Tk 83.39 and consolidated net operating cash flow per share (NOCFPS) of Tk 7.46 for the year ended on 30 June 2018 as against Tk 6.61, Tk 80.13 and Tk 6.70 respectively for the same period of the previous year.
The company also disbursed 35 per cent cash dividend for the year ended on June 30, 2017.
There will be no price limit on the trading of the shares of the company today following its corporate declaration.
Each share of the company, which was listed on the Dhaka Stock Exchange (DSE) in 2016 under the book building method, closed at Tk 89.20 on Tuesday.
The company’s paid-up capital is Tk 2.11 billion and authorised capital is Tk 5.0 billion, while the total number of securities is 211.60 million.
The sponsor-directors own 40.12 per cent stake in the company, institutional investors 29.31 per cent, foreign 1.37 per cent and the general public 29.20 per cent as on August 31, 2018, the DSE data shows.
