The board of directors of Bata Shoe Company Limited has declared 125 per cent interim cash dividend, said an official disclosure on Wednesday.
The multinational shoe maker declared this dividend considering the performance of the company up to third quarter 2019 results and the retained earnings up to December 31, 2018, according to the disclosure.
The record date for entitlement of dividend is January 9, 2020.
The company has also reported earnings per share (EPS) of Tk 24.06, net asset value (NAV) per share of Tk 360.67 and net operating cash flow per share (NOCFPS) of negative Tk 3.34 for period ended on September 30, 2019 as against Tk 61.51, Tk 359.84 and negative Tk 10.81 respectively for the same period of the previous year.
Each share of the company, which was listed in Dhaka bourse in 1985, closed at Tk 685.70 on Tuesday.
In 2018, the company disbursed a total of 345 per cent cash dividend.
The company’s paid-up capital is Tk 136.80 million and authorised capital is Tk 200 million while total number of securities is 13.68 million.
The sponsor-director own 70 per cent stake in the company, while the institutional investors own 18.92 per cent, foreign investors 1.82 per cent and the general public 9.26 per cent as on November 30, 2019, the DSE data showed.
