Heidelberg Cement Company declares 25 percent dividend – 2024-03-07 10:19:05

by times news cr

2024-03-07 10:19:05

The board of directors of Heidelberg Cement Bangladesh, a multinational company listed in the cement sector in the stock market, has announced 25 percent cash dividend to the shareholders.

The board of directors of the company has decided to pay this dividend to the shareholders after reviewing the audited financial report for the financial year ended on December 31, 2023.

On Thursday (March 7), Dhaka and Chittagong Stock Exchange (DSE-CSE) informed this information.

The annual general meeting (AGM) of the company has been organized on the digital platform on May 8 at 10:30 AM to approve the declared dividend with the consent of the shareholders. The record date for distribution of declared dividend to shareholders is set for April 2.

The company has made a loss per share of Rs.8.13 per share for the financial year ended. The loss per share was Rs 4.13 in the corresponding period of the previous financial year. As a result, the loss of the company has decreased compared to the previous year.

The company’s consolidated net asset value per share (NAPS) for the period up to 31 December 2023 stood at Tk 67.20.

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