CVO Petro Chemical Company Dividend Declaration

by times news cr

2024-09-23 03:21:33

Published: 11:32, 22 September 2024

The board of directors of CVO Petro Chemical Refinery Limited, a listed company in the energy and power sector, has announced a 10 percent dividend for shareholders. Its all cash dividends. As a result, ordinary shareholders will get a dividend of Rs 1 for every share worth Rs 10.

CVO Petro Chemical Company Dividend Declaration

This dividend has been declared for the shareholders after reviewing the audited financial report for the financial year ended June 30, 2024.

On Sunday (September 22), this information was revealed by Dhaka and Chittagong Stock Exchange (DSE-CSE).

This decision of dividend was taken after reviewing and approving the audited financial report of the last financial year in the meeting of the board of directors of the company held earlier on Thursday (September 19).

The Annual General Meeting (AGM) to approve the declared dividend will be held on December 11. And the record date in this regard has been fixed on October 31.

The company’s earnings per share (EPS) for the financial year ended June 30, 2024 stood at Tk 2.34. The profit per share was Rs 0.46 in the corresponding period of the previous financial year.

Meanwhile, the company’s net asset value per share (NAVPS) stood at Tk 10.31 during the reporting period.

/nt/sb/

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