Home ›› 19 Oct 2021 ›› Stock
Taufika Foods and Lovello Ice-cream has recommended an 11 per cent cash dividend to its shareholders for the year that ended on June 30, 2021.
The dividend payout was recommended at the company’s board meeting on Monday afternoon.
The approval of the dividend will be finalised at an annual general meeting (AGM) slated for December 28, 2021. The record date is set for November 27.
The premium ice cream maker reported consolidated earnings per share (EPS) of Tk 1.41 as of June 2021, which was Tk 1.31 in the same period a year earlier.
Besides, the consolidated net asset value (NAV) per share stood at Tk 12.57 during the period.
On Monday, Lovello’s share declined 1.1 per cent to Tk35.80 on the Dhaka Stock Exchange.
On October 15 last year, the company got IPO approval from the Bangladesh Securities and Exchange Commission.
