National Housing declares 19pc cash dividend

The earnings of National Housing Finance and Investments Limited rose marginally for the year ended on December 31, 2017.
The company's earnings per share (EPS) rose 4.80 per cent to Tk 2.40 against Tk 2.29 reported for the same period of the previous year.
The board of directors of the listed company recommended 19 per cent cash dividend for the year ended on December 31, 2017. In the previous year, the company disbursed 18 per cent cash dividend.
The company has also reported net asset value per share (NAV) of Tk. 15.98 and net operating cash flow per share (NOCFPS) for the year ended on December 31, 2017 as against Tk. 15.39 and Tk. 15.28 respectively for the same period of the previous year.
On Monday, the company's share trading closed at Tk 38.20 with a rise of 0.26 per cent or Tk 0.1.
National Housing Finance and Investments, an 'A' category company, was listed with both the stock exchanges in 2009.
The company's sponsor-directors hold 60.68 per cent shares, while institutes and public shareholders hold 18.45 per cent and 11.53 per cent respectively as of February 28, 2018.

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