Silco Pharma declares 10% cash dividend

Silco Pharmaceuticals Limited has recommended a 10-percent cash dividend for its all shareholders excluding directors for the year ended on June 30, 2021.

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

However, final approval regarding the dividends will come during its annual general meeting (AGM) scheduled for January 16, 2022, said the company in a filing with the Dhaka Stock Exchange on Wednesday.

The company reported EPS of Tk 0.82 and consolidated NAV per share of Tk 21.85 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed for December 20.

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