Envoy Textiles has declared 5.0 per cent interim cash dividend for the year ending on June 30, 2021 based on un-audited financial statements for the first quarter (Q1) ended on September 30, 2020.
Record date for entitlement of interim cash dividend is on December 8, according to a disclosure posted on the Dhaka Stock Exchange (DSE) website on Wednesday.
The textile maker has reported earnings per share (EPS) of Tk 0.13 for July-September 2020 (Q1 of the current fiscal year) as against Tk 0.56 for July-September 2019.
The net operating cash flow per share (NOCFPS) was Tk 3.01 for July-September 2020 as against Tk 0.46 for July-September 2019.
The net asset value (NAV) per share was Tk 38.53 as on September 30, 2020 and Tk 38.43 as on June 30, 2020.
Recently, the textile maker has also recommended 5.0 per cent cash dividend for the year ended on June 30, 2020.
The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 28.
Each share of the company, which was listed on the DSE in 2012, closed at Tk 24.50 on Wednesday, losing 4.66 per cent over the previous day.
Its share traded between Tk 18.40 and Tk 31.40 in the last one year.
In 2019, the company disbursed 15 per cent cash dividend.
The company's paid-up capital is Tk 1.67 billion and authorised capital is Tk 4.0 billion while the total number of securities is 167.73 million.
The sponsor-directors own 45.58 per cent stake in the company, while the institutional investors own 43.45 per cent, foreign investors 0.07 per cent and the general public 10.90 per cent as on October 31, 2020, the DSE data shows.
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