The board of directors of The Peninsula Chittagong Limited has recommended 7.50 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Thursday.
The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on November 7 11:00am at Peninsula Airport Garden (Unit of The Peninsula Chittagong limited - 2) in Chattagram district.
The record date is October 17, 2019.
The company has also reported EPS of Tk 0.87, NAV per share of Tk 31.63 and NOCFPS of Tk 0.69 for the year ended on June 30, 2019 as against Tk 0.56 (restated), Tk 31.26 (restated) and Tk 0.85 respectively for the same period of the previous year.
In 2018, the company disbursed 5.0 per cent cash dividend.
Each share of the company, which was listed on the Dhaka bourse in 2014, closed at Tk 21 on Wednesday.
The Travel & Leisure Company’s share price hovered between Tk 20.20 and Tk 35.70 in the last one year.
The company’s paid-up capital is Tk 1.18 billion and authorised capital is Tk 3.0 billion, while the total number of securities is 118.66 million.
The sponsor-directors own 45.07 per cent stake in the company, institutional investors own 7.70 per cent, foreign investors 0.12 per cent and the general public 47.11 per cent as on August 31, 2019, the DSE data shows.
