The Board of Directors of Paramount Textile at a meeting on Wednesday recommended 15 per cent cash dividend for general shareholders and 5.0 per cent stock dividend for all -- a total of 20 per cent dividend -- for the year ended on June 30, 2020, says a statement.
Considering the ongoing Covid-19 pandemic and business expansion, the directors and sponsors have surrendered their dividend for the betterment of the company as well as for the sake of stakeholders' interests, it added.
Paramount Textile declares 20pc dividend
FE Team | Published: October 29, 2020 00:01:42
Paramount Textile declares 20pc dividend
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