Dhaka, Bangladesh (BBN) – Three more listed companies of Bangladesh have recommended dividend for the year ended on June 30, 2016, according to separate official disclosures on Thursday.
The companies are: Mithun Knitting and Dyeing, Emerald Oil Industries and Familytex (BD).
Mithun Knitting: The board of directors of the Mithun Knitting has recommended 20 percent stock dividend for the year ended on June 30, 2016.
The final approval will come during the annual general meeting (AGM) of the company scheduled to be held on December 29 at 12:45pm at the factory premises.
The record date for entitlement of dividend is on December 15, 2016.
The company has also reported earnings per share (EPS) of BDT 2.58, net asset value (NAV) per share of BDT 28.59 and net oprating cash flow per share (NOCFPS) of BDT (1.21) for the year ended on June 30, 2016 as against BDT 1.66, BDT 18.44 and BDT 0.13 respectively for the same period of the previous year.
Emerald Oil: The board of directors of Emerald Oil has recommended 10 percent stock dividend for the year ended on June 30, 2016.
The AGM will be held on December 31 at 10:00am at Institution of Diploma Engineers, Bangladesh in Dhaka.
The record date is on December 18.
The company has also reported EPS of BDT 3.33, NAV per share of BDT 17.23 and NOCFPS of BDT 1.32 for the year ended on June 30, 2016 as against BDT 2.82 (restated), BDT 16.29 and BDT (2.55) respectively for the same period of the previous year.
Familyex (BD): The board of directors of Familytex (BD) has recommended 5.0 percent stock dividend for the 18 months period from January 01, 2015 to June 30, 2016.
The board has also decided to increase authorized capital of the company from BDT 3.10 billion to BDT 4.0 billion for expansion of project subject to approval from the regulatory authorities and the shareholders in the Extra Ordinary General Meeting (EGM).
The EGM and AGM will be held on December 31 at 10am and 10:30am respectively at Chittagong Boat Club in Chittagong.
The record date for EGM and AGM is on December 15.
The company has also reported EPS of BDT 0.82, NAV per share of BDT 13.68 and NOCFPS of BDT 0.95 for the 18 months period from January 01, 2015 to June 30, 2016.
There will be no price limit on the trading of the shares of these three companies today following their corporate declarations
BBN/SS/ANS