FE Report
Eighteen more listed companies have recommended dividend ranging between 650 per cent and 5.0 per cent for the year ended on June 30, 2015 and December 31, 2015, according to separate disclosures on Thursday.
Reckitt Benckiser: The Board of Directors of Reckitt Benckiser has recommended a total of 650 per cent cash dividend (150 per cent final and 500 per cent interim) for the year ended on December 31, 2015, said an official disclosure on Thursday.
The final approval will come during the annual general meeting (AGM) scheduled to be held on June 8 at 10:30am. The record date is on May 19.
ACI: The Board of Directors of Advanced Chemical Industries (ACI) Limited has recommended 115 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2015. The AGM will be held on June 9 and the record date is on May 19.
United Power: The Board of Directors of United Power Generations and Distribution Company has recommended 80 per cent interim cash dividend out of the provisional net profit of the company up to December 31, 2015.
The company has decided to extend its financial year for 18 months ending on 30th June 2016 to comply with the Finance Act 2015. Accordingly, the AGM of 2016 will be held after June 2016. The record date is on May 25.
KPCL: The Board of Directors of Khulna Power Company Ltd has recommended 40 per cent interim cash dividend on the basis of un-audited financial statements as at and for the 12 months ended on December 31, 2015.
KPCL has extended its financial year for 18 months ending on 30th June 2016 with the permission of RJSC to comply with the Finance Act 2015. The record date is on May 19.
ACI Formulations: The Board of Directors of ACI Formulations has recommended 35 per cent cash dividend for the year ended on December 31, 2015. The AGM will be held on June 9 and the record date is on May 19.
GBB Power: The Board of Directors has recommended 10 per cent cash dividend for the year ended on December 31, 2015. The AGM will be held on June 20 and the record date is on May 19.
Premier Bank: The Board of Directors has recommended 10 per cent stock dividend for the year ended on December 31, 2015. The AGM will be held on June 5 and the record date is on May 19.
IFIC Bank: The Board of Directors of IFIC Bank has recommended 12 per cent stock dividend for the year ended on December 31, 2015. The AGM will be held on August 20 and the record date is on June 12.
Federal Ins: The Board of Directors of Federal Insurance has recommended 5.0 per cent stock dividend for general shareholders only for the year ended on December 31, 2015. The AGM will be held on July 21 and the record date is on June 2.
Asia Insurance: The Board of Directors of Asian Insurance has recommended 10 per cent cash dividend for the year ended on December 31, 2014. The AGM will be held on June 11 and the record date is on May 22.
Zaheen Spinning: The Board of Directors of Zaheen Spinning has recommended 15 per cent stock dividend for the year ended on December 31, 2015. The AGM will be held on June 15 and the record date is on May 19.
Fareast Finance: The Board of Directors of Fareast Finance and Investments has recommended 10 per cent cash dividend for the year ended on December 31, 2015. The AGM will be held on June 23 and the record date is on May 31.
BSC: The Board of Directors of Bangladesh Shipping Corporation has recommended 10 per cent cash dividend only for general shareholders except government for the year ended on June 30, 2015.
Mercantile Ins: The Board of Directors of Mercantile Insurance has recommended 10 per cent cash dividend for public shareholders only for the year ended on December 31, 2015. The AGM will be held on June 26 and the record date is on May 18.
Eastern Ins: The Board of Directors of eastern Insurance Company has recommended 20 per cent cash dividend for the year ended on December 31, 2015. The AGM will be held on July 20 and the record date is on May 19.
Provati Ins: The Board of Directors of Provati Insurance Company has recommended 6.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2015. The AGM will be held on June 28 and the record date is on May 19.
Regent Textile: The Board of Directors of Regent Textile has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2015. The date for the AGM will be notified later and the record date is on June 9.
Asia Pacific Ins: The Board of Directors of Asia Pacific general Insurance has recommended 10 per cent cash dividend for the year ended on December 31, 2015. The AGM will be held on July 28 and the record date is on June 2.
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Source: The Financial Express