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Libra Infusions offers 5% cash dividend

Staff Correspondent
25 Jul 2022 00:00:00 | Update: 25 Jul 2022 01:28:37
Libra Infusions offers 5% cash dividend

Libra Infusions Limited has recommended a 5 per cent cash dividend only for general shareholders for the year ended June 30, 2020.

The dividend was declared at the company’s board meeting on Thursday, said the company in a filing with the Dhaka Stock Exchange (DSE) on Sunday.

Its earnings per share (EPS) stood negative at Tk 7.78 in 2020 from Tk 1.05 seen in the previous year. Its net operating cash flow per share (NOCFPS) was negative Tk 0.14 for the year ended June 30, 2020 as against Tk 9.77 respectively for the same period of the previous year.

Its net asset value (NAV) per share was Tk 1261 as of June 30, 2020 and Tk 1269 as of last year same period.

The company will hold an Annual General Meeting (AGM) on August 21, 2022. Its record date for the share entitlement is on August 11, 2022.

Following the declaration, its stock price fell 5.19 per cent to Tk 902.50 on the bourse.

As of Sunday, its market capitalisation stood at Tk 142 crore, paid-up capital Tk 1.5 crore and surplus reserve Tk 189 crore.

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