Dhaka, Bangladesh (BBN) – Three more Bangladesh’s listed companies – Acme Laboratories, Makson Spinning and Metro Spinning – have recommend dividend for the year ended on June 30 in 2017, according to separate official disclosures on Tuesday.
ACME LABORATORIES: The board of directors of Acme Laboratories has recommended 35 percent cash dividend for the year ended on June 30 in 2017.
The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on December 4 at 10:30am at PSC Convention Hall in Mirpur-14 of Dhaka.
The record date for entitlement of dividend is on October 31, 2017.
The company has also reported earnings per share (EPS) of BDT 6.61, net asset value per share (NAV) per share of BDT 80.13 and net operating cash flow per share (NOCFPS) of BDT 6.60 for the year ended on June 30, 2017 as against BDT 6.55, BDT 77.34 and BDT 6.25 respectively for the same period of the previous year.
Each share of the company, which was listed on the Dhaka bourse in 2016, closed at BDT 113 on Monday at Dhaka Stock Exchange (DSE).
The company’s paid-up capital is BDT 2.11 billion and authorised capital is BDT 5.0 billion while total number of securities is 211.60 million.
The sponsor-directors own 39.95 percent stake in the company, institutional investors own 26.90 percent, foreign 3.45 percent and the general public own 29.70 percent as on September 30, 2017, the DSE data shows.
METRO SPINNING: The board of directors of metro Spinning Mills has recommended 2.0 percent cash dividend for the year ended on June 30 in 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 21 at 9:30am in Gazipur.
The record date for entitlement of dividend is on November 6 in 2017.
The company has also reported EPS of BDT (0.64), NAV per share of BDT 15.88 and NOCFPS of BDT (1.58) for the year ended on June 30, 2017 as against BDT 0.18, BDT 15.93 and BDT (0.83) respectively for the same period of the previous year.
MAKSON SPINNING: The board of directors has recommended 5 percent stock dividend for the year ended on June 30 in 2017.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on January 21, 2018 at 9:30am at Savar in Dhaka.
The record date for entitlement of dividend is on November 19 in 2017.
The company has also reported EPS of BDT 0.33, NAV per share of BDT 19.55 and NOCFPS of BDT (0.29) for the year ended on June 30, 2017 as against BDT 0.44, BDT 19.21 and BDT (3.03) respectively for the same period of the previous year.
There will be no price limit on the trading of the shares of these three companies today following their corporate declarations.
BBN/SS/AD
