The board of directors of three more listed companies –Meghna Petroleum, Keya Cosmetics and Eastern Cables– have recommended dividend for the year ended on June 30, 2017, according to separate official disclosures on Thursday.
Meghna Petroleum: The board of directors of Meghna Petroleum has recommended 110 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 January 20, 2018 in Chittagong.
The record date for entitlement of dividend is on November 30.
The company has also reported earnings per share (EPS) of Tk 20.28, net asset value (NAV) Tk 91.35 per share and net operating cash flow per share (NOCFPS) of Tk 54.39 for the year ended on June 30, 2017 as against Tk 17.10, Tk 81.57 and Tk 108.41 respectively for the same period of the previous year.
Each share of the state-run company, which was listed on the Dhaka bourse in 2007, closed at Tk 194.90 on Wednesday at DSE.
Keya Cosmetics: The board of directors of Keya Cosmetics Limited has recommended 20 per cent stock dividend for the year ended on June 30, 2017.
The board has also decided to increase the authorised capital of the company from Tk 10 billion to Tk 15 billion and to amend the Clause - V (Uma) of the Memorandum of Association and Clause - 5 of the Articles of Association subject to approval of shareholders in the ensuing AGM.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 28 in Dhaka.
The record date for entitlement of dividend is on November 28.
The Company has also reported EPS of Tk 2.01, NAV per share of Tk 15.37 and NOCFPS of Tk (2.88) for the year ended on June 30, 2017 as against Tk 1.59 (restated), Tk 13.36 (restated) and Tk (0.40) (restated) respectively for the same period of the previous year.
Each share of the company, which was listed on the Dhaka bourse in 2001, closed at Tk 14.90 on Wednesday at DSE.
Eastern Cables: The board of directors of Eastern Cables 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 January 18 in Chittagong.
The record date for entitlement of dividend is on November 30.
The company has also reported EPS of Tk 1.19, NAV per share of Tk 30.61 and NOCFPS of Tk 1.89 for the year ended on June 30, 2017 as against Tk 1.35, Tk. 30.43 and Tk 4.44 respectively for the same period of the previous year.
The company also disclosed un-audited first quarter financial report. As per first quarter earnings, EPS was Tk 0.03 for July-September, 2017 as against Tk 0.02 for July-September, 2016; NOCFPS was Tk (9.85) for July-September, 2017 as against Tk (11.62) for July-September, 2016. NAV per share was Tk 30.64 as on September 30, 2017 and Tk 30.61 as on June 30, 2017.
Each share of the company, which was listed on the Dhaka bourse in 1986, closed at Tk 141.70 on Wednesday at DSE.
There will be no price limit on the trading of the shares of these companies today (Thursday) following their corporate declarations.
