Nov 22
Apex Footwear recommends 50pc cash dividend PDF Print E-mail

The Board of Directors of Apex Footwear Limited has recommended 50 per cent cash dividend for the 18 months period ended on June 30, 2017, said a web post on Dhaka Stock Exchange (DSE) on Monday.

The final approval will come during the Annual General Meeting (AGM) scheduled to be held on October 16, at 10:30am at the Bangladesh Shooting Sports Federation, Shooting Complex, Gulshan - 1, Dhaka-1212.

The company has also reported consolidated earnings per share (EPS) of Tk 1.07, consolidated Net Asset Value (NAV) per share of Tk 227.52 and consolidated net operating cash flow per share (NOCFPS) of Tk 84.96 for the 18 months period from January 01, 2016 to June 30, 2017.

The Company has also reported earnings per share of Tk 7.29, consolidated Net Asset Value (NAV) per share of Tk 227.52 and NOCFPS of Tk 76.33 for the 12 months period from July 01, 2016-June 30, 2017 as against Tk 6.89, Tk 220.22 and Tk 55.27 respectively for the 12 months period from July 01, 2015-June 30, 2016.

There will be no price limit on the trading of the shares of the company today following its corporate declaration, said the official disclosure.

(Source - The financial Express)