Berger Paints declares 500 percent dividend – 2024-07-29 02:12:22

by times news cr

2024-07-29 02:12:22

The board of directors of Berger Paints Bangladesh Limited, a multinational company listed in the engineering sector of the capital market, has declared 500 percent dividend for the shareholders. Its all cash dividends. As a result, the shareholders will get a cash dividend of 50 taka against each 10 taka worth of shares.

The board of directors of the company has declared this dividend to the shareholders after reviewing the financial report for the year ended March 31, 2024 (January-December).

On Sunday (July 28), Dhaka and Chittagong Stock Exchange (DSE-CSE) informed this information.

According to the information, the annual general meeting (AGM) of Berger Paints Bangladesh Limited will be held on digital platform on October 2 to approve the declared dividend to the shareholders. The record date for this has been fixed on August 18. There is no limit on the company’s share trading on Sunday.

The company’s earnings per share (EPS) for the financial year ended March 31, 2024 stood at Tk 69.92. The company’s consolidated profit per share was Rs 64.91 in the corresponding period of the previous financial year.

The company’s consolidated net asset value per share (NAVPS) stood at Tk 309.53 during the reporting period.

Earlier, the board of directors of Berger Paints Bangladesh Limited had declared 400 percent cash dividend to shareholders for the financial year ended March 31, 2023.

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