Simtex declares 4% cash dividend

Simtex Industries Limited has recommended a 4-percent cash dividend for its shareholders for the year ended on June 30, 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 December 23, 2021, said the company in a filing with the Dhaka Stock Exchange on Sunday.

The company has reported EPS of Tk 0.92 and consolidated NAV per share of Tk 21.82 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed for November 24.