The board of directors of three state-run companies have recommended dividends for the year ended on June 30, 2018, according to separate official disclosures on Sunday.
The companies are: Padma Oil Company, Eastern Lubricants, and National Tubes Ltd.
Padma Oil: The board of directors of Padma Oil Company has recommended 130 per cent cash dividend for the year ended on June 30, 2018.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on February 16, 2019 in Chattogram.
The record date is December 19.
The company has also reported earnings per share (EPS) of Tk 34.18, net asset value (NAV) per share of Tk. 126.78, and net operating cash flow per share (NOCFPS) of Tk 36.37 in the negative for the year ended on June 30, 2018 as against Tk. 20.68, Tk. 103.60, and Tk. 116.42 respectively for the corresponding period of the previous year.
In 2017, the company disbursed 110 per cent cash dividend.
Each share of the company, which was listed on the DSE in 1976, closed at Tk 250.50 on Thursday last.
Eastern Lubricants: The board of directors of Eastern Lubricants has recommended 100 per cent cash dividend for the year ended on June 30, 2018.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on January 19, 2019 in Chattogram.
The record date is December 03.
The company has also reported EPS of Tk. 36.23, NAV per share of Tk. 169.31, and NOCFPS of Tk. 87.26 for the year ended on June 30, 2018 as against Tk. 41.00, Tk. 143.07, and Tk. 4.75 respectively for the same period of the previous year.
The company also disbursed 100 per cent cash dividend in 2017.
Each share of the company, which was listed on the DSE in 1976, closed at Tk 1430.30 on Thursday last.
National Tubes: The board of directors of National Tubes has recommended 10 per cent stock dividend for the year ended on June 30, 2018.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 18, 2019 in Gazipur.
The record date is November 29.
The company has also reported EPS of Tk 2.05 in the negative, NAV per share of Tk. 193.62, and NOCFPS of Tk. 0.69 for the year ended on June 30, 2018 as against Tk 2.71 in the negative, Tk. 215.36 and Tk. 1.24 respectively for the same period of the previous year.
In 2017, the company also disbursed 10 per cent stock dividend.
Each share of the company, which was listed on the DSE in 1989, closed at Tk 102.90 on Thursday last.
