Beximco, Beximco Pharma declare dividends amid lower profits

Staff Correspondent | Published: 13:01, Oct 29,2020

 
 

Beximco Pharmaceuticals Limited declared 25 per cent dividend while Bangladesh Export Import Company Limited proposed 5 per cent cash dividend for the year ended on June 30, 2020.

The board of directors of the two companies on Wednesday proposed the dividends.

Beximco Pharmaceuticals announced 25 per cent dividend where 15 per cent was cash dividend and 10 per cent was stock dividend.

The companies set the record date on November 25 for the entitlement of the dividends.

Both companies would hold annual general meeting on December 19 to get the share-holders approval regarding dividends and financial statements.

BeximcoPharma had also reported consolidated earnings per share of Tk 8.67 for the year ended on June 30, 2020against Tk 7.48 for the same period of the previous year.

The profits of Beximco dropped sharply by 207 per cent in 2020 as it reported EPS Tk 0.51 for the year ended on June 30, 2020 against Tk 1.63 for the same period of the previous year.

Want stories like this in your inbox?

Sign up to exclusive daily email

Advertisement

 

Advertisement

images