Listed IT companies have performed mixed in recommending dividend and reporting EPS (earnings per share) for the financial year (FY) compared to previous FY.
Out of 10 IT companies, the boards of directors of eight companies so far have recommended dividend ranging from 1.0 per cent to 20 per cent for the year ended on June 30, 2020.
Of the companies, the EPS of five declined for the year ended on June 30, 2020 compared to same period of the previous year.
On the other hand, the EPS of remaining three companies advanced for the outgoing FY compared to same period of the previous year.
Of the companies, aamra networks has reported EPS of Tk. 3.19for the year ended on June 30, 2020 against Tk. 3.77for the same period of the previous year.
The company's board of directors has recommended 10 per cent cash dividend for the year ended on June 30, 2020.
aamra technologies has recommended 10 per cent cash dividend for the year ended on June 30, 2020.
The company's EPS stood at Tk. 1.46for the year ended on June 30, 2020 against Tk. 1.31for the same period of the previous year.
ADN Telecom has reported EPS of Tk. 2.86for the year ended on June 30, 2020 against Tk. 2.25for the same period of the previous year.
The company's board of directors has recommended 15 per cent cash dividend for the year ended on June 30, 2020.
The EPS of BDCOM was Tk. 1.15for the year ended on June 30, 2020 against Tk. 1.62 (restated) for the same period of the previous year.
For just concluded year, the company has recommended 5.0 per cent cash and 5.0 per cent stock dividend.
Daffodil Computers has recommended 8.0 per cent cash dividend for the year ended on June 30, 2020.
The company's EPS stood at Tk. 0.91for the year ended on June 30, 2020 from Tk. 1.47 reported for the same period of the previous year.
Genex Infosys has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2020. The company's EPS was Tk. 3.42for the year ended on June 30, 2020 against Tk. 2.08for the same period of the previous year.
Information Services Network has recommended 1.0 per cent cash dividend for the year ended on June 30, 2020.
The company has reported EPS of Tk. 0.18for the year ended on June 30, 2020 against Tk. 0.40for the same period of the previous year.
IT Consultants has recommended 5.0 per cent cash for general shareholders excluding sponsors and directors and 5.0 per cent Stock dividend for all shareholders for the year ended on June 30, 2020.
The company's EPS was Tk. 1.21for the year ended on June 30, 2020 against Tk. 1.47for the same period of the previous year.
The share prices of 10 listed IT companies closed at the prices ranging from Tk 27.50 to Tk 61.40 each on Thursday.
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Mixed trend in IT companies' EPS
FE Report | Published: November 21, 2020 20:55:50
Mixed trend in IT companies' EPS
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