Desh Garments declares 5% dividend for shareholders

Desh Garments Limited has recommended a 5-percent cash dividend for its general shareholders and 3-percent cash dividend for the sponsors/ directors 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 company’s annual general meeting (AGM) scheduled for December 22, 2021 on digital platform, said the company in a filing with the Dhaka Stock Exchange on Sunday.

The company reported EPS of Tk 0.40 and consolidated NAV per share of Tk 19.70 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed for November 18.