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National Tubes Limited recommends 3 % cash dividend

Dhaka, Sunday


24 November 2024


Business Insider Bangladesh

National Tubes Limited recommends 3 % cash dividend

National Tubes Limited’s EPS dropped by 0.08 percent

BI Report || BusinessInsider

Published: 19:18, 9 November 2020  
National Tubes Limited recommends 3 % cash dividend

Dhaka (Nov 9, 2020): National Tubes Limited is going to recommend three percent cash dividend for its shareholders for 2020 financial year.

The dividend payout was recommended during the Board of Directors of the company. However, final approval in this regard will come through its Annual General Meeting scheduled for November 24 digitally.  

The record date is November 26.

The company reported earnings per share (EPS) of Tk 0.06 while, the net asset value (NAV) per share of Tk 153.50 and Net Operating Cash Flow Per Share (NOCFPS) of Tk 2.90 for the year ended on June 30, 2020 against Tk. 0.14, Tk. 159.37 and Tk 1.53 respectively for the same period of the previous year.

The company’s EPS has dropped by 0.08 percent compared to the previous year.