BSC declares 20% cash dividend

Bangladesh Shipping Corporation Limited has recommended a 20 percent cash dividend for the shareholders for the year ended on June 30, 2022.

The dividend payout was recommended at the company’s board of directors meeting, said the company in a filing with the Dhaka Stock Exchange (DSE) on Wednesday.

However, final approval regarding the dividend will come during the Annual General Meeting (AGM) scheduled for December 6, 2022.

The company has reported EPS of Tk 14.80 and consolidated NAV per share of Tk 72.52 during the period.

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

The Board of Directors has also decided to purchase 2 crude oil mother tankers and 2 multipurpose mother bulk carriers.