Confidence Cement declares 25% cash dividend

Confidence Cement Limited has recommended a 25 per cent cash dividend to 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 21, 2021 on digital platform, said the company in a filing with the Dhaka Stock Exchange on Sunday.

The company has reported EPS of Tk 15.86 and consolidated NAV per share of Tk 74.26 during the period.

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