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Monno Ceramic offers 10% cash dividend

Staff Correspondent
01 Nov 2021 00:00:00 | Update: 01 Nov 2021 01:12:16
Monno Ceramic offers 10% cash dividend

Monno Ceramic Industries has recommended a 10 percent cash dividend for only its public shareholders for the year ended on June 30, 2021.

The dividend payout was recommended at the company’s board of directors meeting, said the company in a filing with the Dhaka Stock Exchange.

The annual general meeting (AGM) is scheduled for December 27, 2021, for the approval of the dividend declaration. The record date for the entitlement of the dividend is November 23.

The company has reported EPS of Tk 0.90 and consolidated NAV per share of Tk 57.37 during the period.

On the day, its share price declined 3.88 per cent on the DSE.

Last month, the Bangladesh Securities and Exchange Commission directed the Dhaka Stock Exchange to investigate an unusual rise in share prices of the company.

On February 5, the BSEC allowed the company to return to the mainboard from the OTC market. The share trading of the company began on the main board on June 13.

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