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Unilever Consumer Care approves 300pc dividend

FE DESK | May 17, 2023 00:00:00


Unilever Consumer Care Limited held its 50th annual general meeting (AGM) on Tuesday. The meeting was presided over by Masud Khan, chairman of the company, while Managing Director KSM Minhaj was present. The declaration of the final dividend of total 300 per cent (240 per cent cash dividend and 60 per cent stock dividend) was approved at the AGM.

Unilever Consumer Care Limited held its 50th annual general meeting (AGM) on Tuesday. At the meeting, shareholders approved the Directors' Report, Auditor's Report and Audited Accounts for the year ended on December 31, 2022, where the declaration of final dividend of total 300 per cent (240 per cent being cash dividend, Tk 24.00 per share of Tk 10 each and 60 per cent being stock dividend, 1: 0.60 bonus share) was announced.

The revenue of Unilever Consumer Care decreased by 1.1 per cent last year, while gross profit grew 1.4 per cent.

In pursuance of Bangladesh Securities and Exchange Commission's directive, the AGM was conducted on a digital platform.

Masud Khan, chairman of Unilever Consumer Care, said, "In 2022, our strategic efforts were based on our commitment to ensuring accessibility and affordability of our products through innovative sales channels, awareness initiatives, and pricing strategies."

"Despite challenges in the global food and energy supply line, I am proud that our company showed exemplary resilience to overcome the hurdles.”


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