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5 companies to pay dividends

Staff Correspondent |
Update: 2014-04-30 05:36:00
5 companies to pay dividends

DHAKA: Five companies enlisted to Dhaka Stock Exchange (DSE) will pay dividends to its shareholders as per the decisions of their boards of directors.

The companies include Khulna Power Company Limited (KPCL), Summit Power Limited, ACI Formulations Limited, JMI Syringe and Medical Device Limited (JMISMDL) and Bay Leasing and Investment Limited.

Khulna Power Company Limited: The KPCL Board of Directors has recommended 25 percent cash dividend and 5 percent stock dividend for the year ended on December 31, 2013.

The company will arrange Annual General Meeting (AGM) at 11:00am on June 18 at Bashundhara Convention Center in Bashundhara R/A in Baridhara in city.

Record date has been fixed on May 14.

The Company has also reported Earning per Share (EPS) of Tk 5.62, Net Asset Value (NAV) per share of Tk 20.37 and net operating cash flow per share (NOCFPS) of Tk 5.82 for the year ended on December 31, 2013.

Summit Power Limited: Board of Directors of the company has recommended 15 percent stock dividend for the year ended on December 31, 2013.

Company’s Annual General Meeting (AGM) will be held at 11:00am on June 30 at Bashundhara Convention Center-2 in Bashundhara R/A, Baridhara.

Record date has been fixed on May 18.

The Company has also reported EPS of Tk. 3.69, NAV per share of Tk 23.87 and NOCFPS of Tk 4.09 for the year ended on December 31, 2013.

ACI Formulations Limited: The Company’s Board of Directors has recommended 25 percent cash dividend for the year ended on December 31, 2013.

The Annual General Meeting (AGM) will be held at 9:00am on June 10 at Officers Club, on Bailey Road in the city.

The company’s record date is scheduled on May 12.

The Company has also reported net profit of Tk 129.23 million, EPS of Tk 2.87, NAV per share of Tk 38.45 and NOCFPS of Tk 9.38 for the year ended on December 31, 2013 as against Tk 149.96 million, Tk 3.33, Tk 38.08 and Tk 2.63 respectively for the year ended on December 31, 2012.

JMI Syringe and Medical Device Limited: JMISMDL Board of Directors has recommended 15 percent cash dividend for the year ended on December 31, 2013.

The company’s Annual General Meeting (AGM) will be held at 10:00am on July 24 at White House Hotel in Shantinagar in city.

Record Date is scheduled on May 22.

The Company has also reported EPS of Tk 2.95, NAV per share of Tk 46.03 and NOCFPS of Tk 3.16 for the year ended on December 31, 2013.

Bay Leasing and Investment Limited: Board of Directors of the company has recommended 17 percent cash dividend and 15 percent stock dividend for the year ended on December 31, 2013.

The company’s Annual General Meeting (AGM) will be held at 10:30am on May 29 at Institution of Diploma Engineers, Bangladesh (IDEB), IDEB Bhaban, in Kakrail in city.

Record date has been fixed on May 12.

The Company has also reported consolidated net profit after tax of Tk 137.52 million, consolidated EPS of Tk 1.21 and consolidated NAV per share of Tk 25.45 for the year ended on December 31, 2013.

BDST: 1430 HRS, APR 30, 2014

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