Dacca Dyeing declares 2% cash dividend

Dacca Dyeing and Manufacturing Company Limited has recommended 2 percent cash dividend for its 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 March 13, 2022, on digital platform, said the company in a filing with the Dhaka Stock Exchange on Sunday.

The company has reported EPS of Tk 0.60 and consolidated NAV per share of Tk 34.47 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed as February 3, 2022.

There will be no price limit on the trading of the shares of the Company today (January 9) following its corporate declaration.