Business Desk :
The board of directors of Fortune Shoes has recommended 5.0 per cent cash (excluding sponsors & directors) and 5.0 per cent stock dividend for all the shareholders for the year ended on June 30, 2020.
The sponsors & directors hold 45,602,799 shares out of total 147,424,480 shares of the company and the cash dividend to be payable to the general shareholders is Tk 50,910,841.
The annual general meeting (AGM) will be held on December 23 at 11:30am through a digital platform. The record date is December 8, according to an official disclosure on Thursday.
The company has reported EPS of Tk. 0.80, NAV per share of Tk. 13.63 and NOCFPS of Tk. 0.42 for the year ended on June 30, 2020 as against Tk. 1.48, Tk. 15.28 and Tk. 1.12 respectively for the same period of the previous year.
