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Three more cos declare dividend

FE Report | September 21, 2019 00:00:00


Three more listed companies -- Apex Footwear Limited, The IBN Sina Pharmaceuticals Ltd. and Eastern Housing Ltd. -- have declared dividend for the year ended on June 30, 2019.

Apex Footwear: The Board of Directors of Apex Footwear Limited has recommended 55 per cent cash dividend for the year ended on June 30, 2019, according to an official disclosure.

The final approval of the dividend will come during the annual general meeting (AGM) of the company to be held on November 12 at 10:00am at La Vita Hall, Lakeshore Hotel, Gulshan-2 in Dhaka.

The record date for entitlement of dividend is October 13, 2019.

Each share of the country's leading shoe manufacturer and exporter, listed on the Dhaka bourse in 1993, closed at Tk 264.90 on Thursday.

The company has also reported earnings per share (EPS) of Tk 10.91, net asset value (NAV) per share of Tk 249.83 and net operating cash flow per share (NOCFPS) of Tk 86.29 for the year ended on June 30, 2019 as against Tk 11.54, Tk 244.42 and Tk 81.50 respectively for the same period of the previous year.

In 2018, the company also disbursed 55 per cent cash dividend.

The company's paid-up capital is Tk 112.50 million and authorised capital is Tk 500 million, while the total number of securities is 11.25 million.

The sponsor-directors own 25.48 per cent stake in the company, institutional investors own 33.40 per cent and the general public 41.12 per cent as on August 31, 2019, the DSE data show.

The IBN Sina: The Board of Directors of The IBN Sina Pharmaceuticals Industry Ltd has recommended 30 per cent cash dividend for the year ended on June 30, 2019.

The AGM will be held on November 14 and the record date is October 14.

The company has also reported EPS of Tk 10.76, NAV per share of Tk 47.32 and NOCFPS of Tk 13.87 for the year ended on June 30, 2019 as against Tk 14.48 (Restated), Tk 39.28 (Restated), and Tk 6.16 (Restated) respectively for the same period of the previous year.

In 2018, the company disbursed 30 per cent cash and 10 per cent stock dividend.

Each share of the company, was listed on the Dhaka bourse in 1989, closed at Tk 246.70 on Thursday.

The company's paid-up capital is Tk 312.43 million and authorised capital is Tk 500 million, while the total number of securities is 31.24 million.

The sponsor-directors own 44.43 per cent stake in the company, institutional investors own 19.71 per cent and the general public 35.86 per cent as on August 31, 2019, the DSE data show.

Eastern Housing: The Board of Directors of Eastern Housing Ltd. has recommended 20 per cent cash dividend for the year ended on June 30, 2019.

The AGM will be held on November 14 and the record date is October 17.

The company has also reported EPS of Tk 3.70, NAV per share of Tk 61.35 and NOCFPS of Tk 8.0 for the year ended on June 30, 2019 as against Tk 3.48, Tk 60.15, and Tk 9.46 respectively for the same period of the previous year.

In 2018, the company disbursed 25 per cent cash dividend.

Each share of the company, which was listed on the Dhaka bourse in 1994, closed at Tk 48.10 on Thursday.

The company's paid-up capital is Tk 933.45 million and authorised capital is Tk 2.0 billion, while the total number of securities is 93.34 million.

The sponsor-directors own 50.09 per cent stake in the company, institutional investors 26.44 per cent and the general public 23.47 per cent as on August 31, 2019, the DSE data show.

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