Envoy Textile declares 10% cash dividend

Envoy Textile Limited has recommended 10% cash dividend (inclusive 5% interim cash dividend, which has already been paid) to its shareholders for the year ended on June 30, 2021.

The dividend payout was recommended a meeting of the company’s board of directors.

However, final approval regarding the dividends will come during the annual general meeting (AGM) scheduled for December 27, 2021 on digital platform, said the company in a filing with the Dhaka Stock Exchange on Tuesday.

The company has reported EPS of Tk 0.56 and consolidated NAV per share of Tk 37.79 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed as November 15.

There was no price limit on the trading of the shares of the company on Tuesday following its corporate declaration.