Marico Bangladesh Ltd, one of the leading listed multinational companies, has declared 200 per cent interim cash dividend based on six months financials for the period ended on September 30, 2020.
The record date for the entitlement of dividend is November 17.
Marico Bangladesh, the first subsidiary of Indian fast-moving consumer goods company Marico, has reported earnings per share (EPS) of Tk 25.03 for July-September 2020 as against Tk 21.24 for the same period in 2019.
In the six-month period from April to September 2020, its EPS was Tk 56.67 as against Tk 48.20 for April-September 2019, according to a disclosure posted on the Dhaka Stock Exchange (DSE) website on Wednesday.
The net operating cash flow per share (NOCFPS) was Tk 83.24 for April-September 2020 as against Tk 73.75 for April-September 2019.
The net asset value (NAV) per share was Tk 50.57 as on September 30, 2020 and Tk 44.05 as on March 31, 2020.
Each share of the company, listed on the Dhaka bourse in 2009, closed at Tk 2,126.50 on Wednesday, losing 3.19 per cent over the previous day.
Marico Bangladesh's share traded between Tk 1,439.80 and Tk 2,379 in the past one year. The company also paid 300 per cent interim cash dividend based on three months financial statements for April-June 2020 ended on June 30, 2020.
The company disbursed a total of 950 per cent cash dividend for the year ended on March 31, 2020.
The company's profits soared 30 per cent to Tk 2.64 billion in the 2019-20 financial year as its flagship product -- Parachute's coconut oil -- continues to dominate the hair oil sector.
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