FE Today Logo

7 cos, 2 MFs recommend dividends up to 130pc

November 18, 2018 00:00:00


FE Report

Seven listed companies and two mutual funds (MFs) recommended dividends up to 130 per cent in last week.

Of the securities, the MFs have recommended dividends between 5.0 per cent and 5.5 per cent.

On the other hand, seven companies have recommended dividends between 10 per cent and 130 per cent. Another company has recommended 'No' dividend.

100 per cent cash dividend for the year ended on June 30, 2018 was recommended by the board of directors of Eastern Lubricants.

The company disbursed same amount of cash dividend in previous year.

The company has also reported EPS of Tk. 36.23 and NAV per share of Tk. 169.31 for the year ended on June 30, 2018 as against Tk. 41.00 and Tk. 143.07 respectively for the same period of the previous year.

Padma Oil Company has recommended 130 per cent cash dividend for the year ended on June 30, 2018 against 110 per cent cash dividend disbursed in previous year.

The company has also reported EPS of Tk. 34.18 and NAV per share of Tk. 126.78 for the year ended on June 30, 2018 as against Tk. 20.68 and Tk. 103.60 respectively for the same period of the previous year.

National Tubes has recommended has recommended 10 per cent stock dividend against same amount of stock dividend disbursed in previous year.

The company has incurred a loss of Tk 2.05 per share for the year ended on June 30, 2018 as against the loss of Tk 2.71 per share for the same period of the previous year.

The newly-listed Kattali Textile has recommended 10 per cent stock dividend for the year ended on June 30, 2018.

The company has also reported EPS of Tk. 1.95 and NAV per share of Tk. 22.43 for the year ended on June 30, 2018 as against Tk. 1.94 (Adjusted) and Tk. 20.48 respectively for the same period of the previous year.

Ambee Pharmaceuticals has recommended 30 per cent cash dividend for the year ended on June 30, 2018. The company disbursed same amount of cash dividend in previous year.

The company has also reported EPS of Tk. 3.44 and NAV per share of Tk. 25.68 for the year ended on June 30, 2018 as against Tk. 3.02 and Tk. 25.24 respectively for the same period of the previous year.

Jute Spinners has recommended 'No' dividend for the year ended on June 30, 2018.

The company has also reported a loss of Tk 60.53 per share for the year ended on June 30, 2018 as against the loss of Tk 49.39 for the same period of the previous year.

Jamuna Oil Company has recommended 130 per cent cash dividend for the year ended on June 30, 2018 against 110 per cent cash dividend disbursed in previous year.

The company has also reported EPS of Tk. 25.45 and NAV per share of Tk. 170.34 for the year ended on June 30, 2018 as against Tk. 20.31 and Tk. 166.98 respectively for the same period of the previous year.

The trustee committee of LR Global Bangladesh Mutual Fund One has recommended 5.50 per cent cash dividend for the year ended on September 30, 2018. The fund disbursed 7.80 per cent cash dividend in previous year.

The trustee of the fund has also reported EPU of Tk. 0.55, NAV per unit of Tk. 11.09 on the basis of market price, and NAV per unit of Tk. 10.59 on the basis of cost price for the year ended on September 30, 2018 as against Tk. 0.78, Tk. 11.98 and Tk. 10.82 respectively for the same period of the previous year.

The trustee committee of the Vanguard AML BD Finance Mutual Fund One has recommended 5.0 cash dividend based on net income for the year ended on September 30, 2018. The fund disbursed 10 per cent cash dividend in previous year.

For same period, the trustee of the fund has reported EPU of Tk. 0.41, NAV per unit of Tk. 10.86 on the basis of market price and NAV per unit of Tk. 11.04 on the basis of cost price as against Tk. 1.03, Tk. 12.46 and Tk. 11.45 respectively for previous year.

[email protected]


Share if you like