United Anwara recommends 600pc final cash dividend

United Anwara Power (UAnP), a subsidiary of United Power Generation & Distribution Company (UPGDC), has recommended 600 per cent final cash dividend equivalent to Tk 6.0 billion.

The UAnP having 300 MW capacity has recommended the dividend worth Tk 600 per share at face value of Tk 10 for the year ended on June 30, 2021.

UPGDC will realise Tk 5.94 billion of the final cash dividend as it has 99 per cent stake in UAnP.

The UPGDC, presently an 'A' category company, was listed on the stock exchanges in 2015. The company's sponsor-directors hold 90 per cent shares, institutes 7.10 per cent, foreigners 0.03 per cent and general public 2.87 per cent as September 30, 2021.

The company's share price closed at Tk 290.80 each with a rise of 1.11 per cent or Tk 3.20 on Monday on Dhaka Stock Exchange (DSE).

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