Dhaka, Bangladesh (BBN)– The board of directors of two more companies have recommended dividend for the year ended on June 30, 2018, according to separate official disclosures on Tuesday.

The companies are Pharma Aids and Atlas Bangladesh.

Pharma Aids: The board of directors of Pharma Aids has recommended 50 percent 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 December 27, said an official disclosure on Tuesday.

The record date is on December 02.

The company has also reported earnings per share (EPS) of BDT 15.07, net asset value (NAV) per share of BDT 60.81 and net operating cash flow per share (NOCFPS) of BDT 12.51 for the year ended on June 30, 2018 as against BDT 9.48, BDT 49.53 and BDT 4.09 respectively for the same period of the previous year.

The company, which was listed on the Dhaka bourse in 1987, disbursed 35 percent cash dividend in 2017.
Each share of the company closed at BDT 581.60 on Monday at Dhaka Stock Exchange.

There will be no price limit today on the trading of shares of the company following its corporate disclosure.

The company’s paid-up capital is BDT 31.20 million and authorised capital is BDT500 million, while total number of securities is 3.12 million, according to statistics from the DSE.

The sponsor-directors own 24.22 percent stake in the company, while institutional investors own 3.38 percent and the general public 72.40 percent as on September 30, 2018.

Atlas Bangladesh: The board of directors of Atlas Bangladesh has recommended 10 percent 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 22, said an official disclosure on Tuesday.

The record date is on November 26.

The company has also reported earnings per share (EPS) of minus BDT 1.23, net asset value (NAV) per share of BDT 148 and net operating cash flow per share (NOCFPS) of BDT 1.61 for the year ended on June 30, 2018 as against minus BDT 2.39, BDT 165 and minus BDT 3.58 respectively for the same period of the previous year.

The state-run company, which was listed on the Dhaka bourse in 1988, disbursed 2.0 percent cash and 10 percent stock dividend in 2017.

Each share of the company closed at BDT 117.50 on Monday at Dhaka Stock Exchange.

There will be no price limit today on the trading of shares of the company following its corporate disclosure.

The company’s paid-up capital is BDT 301.16 million and authorised capital is BDT 1.0 billion, while total number of securities is 30.11 million, according to statistics from the DSE.

The sponsor-directors own 1.13 percent stake in the company, while the government owns 51 percent, institutional investors own 20.36 percent and the general public 27.51 percent as on September 30, 2018.

BBN/SSR/SR