Esquire Knit declares 15% cash dividend

Esquire Knit Composite Limited has recommended a 15-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 held on Saturday.

However, final approval regarding the dividends will come during the Annual General Meeting (AGM) scheduled for January 26, 2022, said the company in a press release.

The company has reported EPS of Tk 2.20 and consolidated NAV per share of Tk 61.01 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed on December 5.

There will be no price limit on the trading of the shares of the company on October 31, following its corporate declaration.