6 cos recommend dividends
Monday, 5 May 2014
Six companies listed with the Dhaka Stock Exchange (DSE) Ltd on Sunday recommended cash and stock dividends for the year ended on December 31, 2013, reports UNB.
The board of directors of Golden Son Ltd has recommended 25 per cent stock dividend for the year ended on December 31, 2013. The board has also decided to increase authorised capital of the company from Tk
1.50 billion to Tk 5.0 billion subject to approval of the shareholders in the extraordinary general meeting (EGM) and regulatory authorities.
The EGM and AGM will be held on June 21 at Hotel Agrabad Ltd, Agrabad, Chittagong. The Record Date for EGM and AGM is May 15, according to DSE website.
Meanwhile, the board of directors of Mercantile Insurance Company Ltd has recommended 10 per cent cash dividend for the public shareholders (B-Group) only for the year ended on December 31, 2013.
The sponsors are holding total 13,236,797 shares of the company. The total amount of public shareholders' dividend is Tk 29,858,563. The AGM will be held on June 16 11:00 am at Multipurpose Hall, Institution of Diploma Engineers, Bangladesh in the capital. The record date is May 15.
In another corporate declaration, the board of directors of Rupali Bank Limited recommended 15 per cent stock dividend for the year ended on December 31, 2013. The AGM will be held on May 31 at 11:00 am at
Institution of Diploma Engineers while the record date is May 14.
On the other hand, the board of directors of Legacy Footwear has recommended 5 per cent stock dividend for the year ended on December 31, 2013. The date of AGM is 21.06.2014 at 2:00 pm on the factory premises at Vannara, Mouchak, Gazipur. The Record date is 12.05.2014.
In another declaration, the board of directors of Bd Thai Aluminum has recommended 5 per cent stock dividend for the year ended on December 31, 2013. The date of AGM is 21.06.2014 at 11:30 am on the Factory premises, Haritakitala, Chandra, Kaliakoir, Gazipur. The Record Date is 25.05.2014.
Meanwhile, the board of directors of Meghna Cement has recommended 15 per cent cash dividend for the year ended on December 31, 2013. The date of AGM is 29.05.2014 at 10:00 am on the factory premises, Mongla Port I/A, Bagerhat. The Record Date is 14.05.2014.