Tamijuddin Textile Mills Limited has declared 30pc cash dividend for its shareholders for the year ended on June 30, 2022.
The dividend payout was declared at the company’s board of directors meeting, said the company in a filing with the Dhaka Stock Exchange DSE on Tuesday, 18 October.
Hence, final approval regarding the dividend will come during the Annual General Meeting (AGM) scheduled for December 22, 2022, on the digital platform.
The company has reported EPS of Tk 6.61 and consolidated NAV per share of Tk 87.02 during the period.
The record date for the distribution of the declared dividend between the shareholders has been fixed as November 14, 2022.
Each share of the company, which was listed on the Dhaka bourse in 1981, closed at Tk 271.80 each on Tuesday.
The company informed that EPS has been increased due to higher rate of yarn selling price as well increase in sales volume compared to the previous year which impacted the net profit of the company during this period.
Each share of the company, which was listed on the Dhaka bourse in 2021, closed at Tk 255.60 each on Monday.
Tamijuddin Textile paid 20pc cash dividends 2021 in 2021.
The company’s shareholders include 38.38pc public, 61.23pc sponsor/director and 0.39pc institutions.
