The board of directors of Marico Bangladesh has declared 250 per cent second interim cash dividend based on financials for the period of nine months ended on December 31, 2017.
The record date for entitlement of the interim cash dividend is February 12, says a disclosure posted on the Dhaka Stock Exchange (DSE) website on Tuesday.
The multinational company earlier disbursed its first interim 250 per cent cash dividend for the period of six months ended on September 30, 2017.
The Marico that makes fast-moving consumer goods also disclosed un-audited third quarter (Q3) financial reports on Tuesday ahead of the company's yearend on March 31.
The company posted 8.78 per cent growth in earnings per share (EPS) in the nine months from April to December last. The EPS was Tk 41.38 for the period against Tk 38.04 for the corresponding period a year ago.
As per the third quarter (Q3) financial report, the EPS was Tk 11.18 for the quarter of October-December last against Tk 10.18 for the corresponding quarter of 2016.
The net operating cash flow per share (NOCFPS) was Tk 57.47 for April-December, 2017 against Tk 39.94 for April-December, 2016.
The net asset value (NAV) per share was Tk 61.55 as of December 31, 2017 and Tk 50.16 as of March 31, 2017.
The share price of the company, which was listed with the Dhaka bourse in 2009, closed at Tk 1,189.50 Tuesday, advancing 1.69 per cent over the previous day.
The company's paid-up capital is Tk 315 million and authorised capital Tk 400 million. The total number of securities is 31.50 million.
Sponsor-directors own 90 per cent stake in the company, institutional investors 2.81 per cent, foreign investors 6.20 per cent and the general public 0.99 per cent as of December 31, 2017, the DSE data shows.
The principal activities of the Marico continued to be manufacturing and marketing fast-moving consumer goods (FMGG). The company is the manufacturer and marketer of well-known brands like parachutes.
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