Square Pharma recommends 52% dividend

Dhaka (Oct 25, 2020): Square Pharmaceuticals has declared 47 percent cash and 5 percent stock dividend for the year ended on June 30, 2020.

The board of directors of the company recommended the dividend at a meeting on Sunday.

The meeting has also approved Tk 250 crore budget for maintenance, renovation and procurement of capital machineries and lands for future expansion of the country’s top drug maker.

Square Pharma’s earnings per share rose to Tk 15.82, up from Tk 14.98 a year ago.