Doreen Power approves 25pc dividend
Business Desk
Doreen Power Generations and Systems Limited recommended a 12% stock dividend for all shareholders.
It also recommended a 13% cash dividend for shareholders excluding the sponsors and directors for the year ended on June 30, 2021.
The sponsors and directors hold 96.17 million shares out of the total 144.39 million shares of the company.
The amount of cash dividend to be payable to the general shareholders is Tk6.26 crore, the company said in its filing with Dhaka Stock Exchange on Tuesday.
Doreen Power also reported consolidated earnings per share (EPS) of Tk8.09 and consolidated net asset value (NAV) per share (with revaluation) of Tk48.41 for the year ended on June 30, 2021, as against Tk5.53 and Tk40.62 respectively for the same period of the previous year.
The annual general meeting (AGM) of the company is scheduled to take place online on December 5.
Doreen Power Generations and Systems Limited made its debut on Dhaka Stock Exchange on April 6, 2016.
The closing price of its shares was Tk78.1 during Tuesday’s trade.
Titas Gas declares 22pc dividend
Business Desk
Titas Gas has declared a 22% cash dividend for the year ended on June 30, 2021.
In a filing with Dhaka Stock Exchange on Tuesday, the company reported earnings per share (EPS) of Tk3.50 and net asset value (NAV) per share of Tk72.57 for the year ended on June 30, 2021, as against Tk3.64 and Tk71.39 respectively for the same period of the previous year.
The annual general meeting (AGM) of the company is scheduled to take place on November 25, 2021, via a digital platform.
During Tuesday’s trade, the closing price for each of its shares was Tk40.4.
MJL BD declares 55pc dividend
Business Desk
MJL Bangladesh Limited has recommended a 55% cash dividend for the year ended on June 30, 2021.
In a filing with Dhaka Stock Exchange on Tuesday, the company also reported consolidated earnings per share (EPS) of Tk7.53 and consolidated net asset value (NAV) per share of Tk39.69 for the year ended on June 30, 2021, as against Tk5.52 and Tk36.66 respectively for the same period of the previous year.
The annual general meeting (AGM) of the company is scheduled to take place on December 15, 2021, via a digital platform.
The closing price of its shares was Tk98.7 during Tuesday’s trade.
Lovello recommends 11pc dividend
Business Desk
Lovello, formally known as Taufika Foods and Lovello Ice-cream PLC, has recommended an 11% cash dividend for the year ended on June 30, 2021.
In a filing with Dhaka Stock Exchange on Tuesday, the company reported earnings per share (EPS) of Tk1.41 and net asset value (NAV) per share of Tk12.57 for the year ended on June 30, 2021, as against Tk1.31 and Tk12.75 respectively for the same period of the previous year.
The annual general meeting (AGM) of the company is scheduled to take place on December 28, 2021, via a digital platform.
Lovello made its debut on Dhaka Stock Exchange on February 10, 2021. Its closing price was Tk34.3 during Tuesday’s trade.
BD Lamps’ approve 20pc dividend
Business Desk
Bangladesh Lamps’ earnings came out of the negative territory and the company recommended a 20% cash dividend for the year ended on June 30, 2021.
In a filing with Dhaka Stock Exchange on Tuesday, the company reported earnings per share (EPS) of Tk5.10 and net asset value (NAV) per share of Tk95.16 for the year ended on June 30, 2021, as against Tk9.88 in the negative and Tk59.98 respectively for the same period of the previous year.
The company informed that EPS has increased significantly from the last year due to an increase in revenue by 46% and a decrease in net finance cost by 57%.
Besides, another increase of 26% in other income led to higher EPS.
The annual general meeting of the company is scheduled to take place on December 19, 2021, via a digital platform.
The closing price for each of its shares was Tk208 during Tuesday’s session.
