Linde Bangladesh declares 400% cash dividend despite earning fall
BI Report || BusinessInsider
The logo Linde Bangladesh Limited
Linde Bangladesh Limited has recommended a 400 per cent cash dividend for the year ended on December 31, 2020.
In a filing with Dhaka Stock Exchange on Sunday, the company reported earnings per share (EPS) of Tk70.55, a 12.8 per cent decline from Tk 80.93 a year earlier.
Its net asset value (NAV) per share was Tk355.75, up from Tk335.70 and net operating cash flow per share (NOCFPS) was Tk77.70, down from Tk102.84 for the same period.
The annual general meeting of the company is scheduled to take place on May 27.