Alif Industries declares 10% cash dividend

Alif Industries Limited has recommended a 10 percent cash dividend only for the general shareholders for the year ended on June 30, 2021.

The dividend payout was recommended at the company's board of directors meeting.

However, final approval regarding the dividends will come during the Annual General Meeting (AGM), scheduled for December 30, 2021 on digital platform, said the company in a filing with the Dhaka Stock Exchange on Wednesday.

The company has reported EPS of Tk 1.45 and consolidated NAV per share of Tk 21.66 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed as November 30.

There will be no price limit on the trading of the shares of the Company today (November 10) following its corporate declaration.