Three cos, one MF recommend dividend between 12pc and 600pc
Sunday, 11 March 2018
FE Report
Three listed companies and one closed-end mutual fund recommended dividends in last week between 12 per cent and 600 per cent for the year ended on December 31, 2017.
The dividends have been recommended in the form of cash and stock, according to information of Dhaka Stock Exchange (DSE).
The board of directors of the British American Tobacco Bangladesh Company (BATBC) has recommended 600 per cent cash dividend for the year ended on December 31, 2017. The company disbursed the same amount of cash dividend in previous year. The BATBC has also reported earnings per share (EPS) of Tk. 130.50, net asset value (NAV) per share of Tk. 385.21 and net operating cash flow per share (NOCFPS) of Tk. 162.22 for the year ended on December 31, 2017 as against Tk. 126.37, Tk. 314.71 and Tk 70.58 respectively for the same period of the previous year.
The board of directors of Nitol Insurance Company has recommended 14 per cent stock dividend for the year ended on December 31, 2017. The company has also reported EPS of Tk 2.78, NAV per share of Tk 24.18 and NOCFPS of Tk 2.98 for the year ended on December 31, 2017 as against Tk. 2.77, Tk. 24.18 and Tk. 4.05 respectively for the same period of the previous year. The company disbursed 13 per cent stock dividend for the year ended on December 31, 2016.
The board of directors of Delta Brac Housing Finance Corporation has recommended 30 per cent cash dividend for the year ended on December 31, 2017. The Company has also reported EPS of Tk. 7.79, NAV per share of Tk. 35.76 and NOCFPS of Tk. 16.56 for the year ended on December 31, 2017 which was Tk. 2.71, Tk. 29.47 and Tk. 29.92 for the 6 months period from July-December, 2016.
The Trustee Committee of the Vanguard AML Rupali Bank Balanced Fund has declared 12 per cent cash dividend based on net income for the year ended on December 31, 2017. The Trustee of the Fund has also reported earnings per unit (EPU) of Tk. 1.25, NAV per unit of Tk. 13.39 on the basis of market price, NAV per unit of Tk. 12.16 on the basis of cost price and NOCFPU of Tk. 0.20 for the year ended on December 31, 2017.
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