BATBC declares 100pc interim cash dividend

Its profit jumps 39pc in Jul-Sept period


FE ONLINE REPORT | Published: November 01, 2022 11:42:04 | Updated: November 09, 2022 16:11:12


BATBC declares 100pc interim cash dividend

The board of directors of British American Tobacco has recommended 100 per cent interim cash dividend for the year ending on December 31, 2022.

The record date for entitlement of interim cash dividend is November 21.

The multinational company has also reported earnings per share (EPS) of Tk 7.59 for July-September 2022 as against Tk 5.45 for July-September 2021.

The company's EPS was Tk 24.52 for January-September 2022 as against Tk 21.41 for January-September 2021.

NOCFPS was Tk 39.55 for January-September 2022 as against Tk 1.20 for January-September 2021.

NAV per share was Tk. 77.65 as on September 30, 2022, and Tk. 68.13 as on December 31, 2021.

There will be no price limit on the trading of the shares of the company today (Tuesday) following its corporate declaration. However, the floor price shall be applicable accordingly.

However, its share price has been stuck at the floor price -- Tk 518.70 -- for two months.

The company disbursed 275 per cent cash dividend for the year ended on December 31, 2021.

The company’s paid-up capital is Tk 1.80 billion and authorised capital is also Tk 5.40 billion, while the total number of securities is 180 million.

The sponsor-directors own 72.91 per cent stake in BATBC, while the government owns 0.64 per cent, institutional investors 12.62 per cent, foreign investors 6.55 per cent and the general public 7.28 per cent.

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