Marico Bangladesh declares 200% final dividend

Marico Bangladesh Limited has recommended a 200 percent final cash dividend for its shareholders for the year ended on December 31, 2021.

Earlier, the company declared a 600 percent interim cash dividend, which has already been paid.

So, the total dividend became 800 percent cash for the investors of the company.

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 July 26, 2022, on digital platform, said the company in a filing with the Dhaka Stock Exchange on Thursday.

The company has reported EPS of Tk 112.82 and consolidated NAV per share of Tk 85.37 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed as May 26, 2022.

There will be no price limit on the trading of the shares of the Company today (April 28) following its corporate declaration.