Six listed companies recommended dividends last week, ranging from 10 per cent to 20 per cent for the year ended on December 31, 2017.
The board of directors of the respected companies recommended stock or both stock and cash dividends.
The board of directors of MIDAS Financing recommended 10 per cent stock dividend for the year ended on December 31, 2017. The company also reported consolidated EPS of Tk. 1.81 and consolidated NAV per share of Tk. 11.98 for the same period.
One Bank recommended 15 per cent cash and 5 per cent stock dividend for the year ended on December 31, 2017 against 13 per cent cash and 10 per stock dividend disbursed for the same period of the previous year.
The company also reported consolidated EPS of Tk. 3.60 and consolidated NAV per share of Tk. 19.48 for the year ended on December 31, 2017 as against Tk. 3.31 and Tk. 17.23 respectively for the same period of the previous year.
Republic Insurance Company has recommended 12.50 per cent stock dividend for the year ended on December 31, 2017. The company also reported EPS of Tk. 1.70 and NAV per share of Tk. 14.92 for the year ended on December 31, 2017 as against Tk. 1.67 (restated) and Tk. 14.81 (restated) for the same period of the previous year.
Karnaphuli Insurance Company recommended 6 per cent cash and 5 per cent stock dividend for the year ended on December 31, 2017. The company also reported EPS of Tk. 1.51 and NAV per share of Tk. 20.06 for the year ended on December 31, 2017 as against Tk. 1.36 and Tk. 19.50 respectively for the same period of the previous year.
Mutual Trust Bank recommended 12.50 per cent stock dividend for the year ended on December 31, 2017. The company also reported consolidated EPS of Tk. 3.89 and consolidated NAV per share of Tk. 23.08 for the year ended on December 31, 2017 as against Tk. 2.87 (restated) and Tk. 19.26 (restated) respectively for the same period of the previous year.
Fareast Finance & Investment Limited did not recommend any dividend for the year ended on December 31, 2017.
Bangladesh Finance and Investment Company recommended 10 per cent stock dividend for the year ended on December 31, 2017. The company has also reported consolidated EPS of Tk. 2.01 and consolidated NAV per share of Tk. 16.41 for the year ended on December 31, 2017 as against Tk. 1.20 (restated) and Tk. 15.94 respectively for the same period of the previous year.
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