Bata Shoe declares 25% final cash dividend

Bata Shoe Company Limited has recommended a 25 percent final cash dividend (total 100 percent cash dividend inclusive of 75 percent interim cash dividend, which has already been paid) for its shareholders for the year ended on December 31, 2021.

The dividend payout was recommended at the company’s board of directors meeting.

However, final approval regarding the dividends will come during the Annual General Meeting (AGM) scheduled for June 30, 2022, on digital platform, said the company in a filing with the Dhaka Stock Exchange on Tuesday.

The company has reported losses per share of Tk 5.01 and consolidated NAV per share of Tk 252.33 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed as May 23, 2022.

There will be no price limit on the trading of the shares of the Company today (April 26) following its corporate declaration.