DividendSAIFPOWER
SAIFPOWER 5% Cash Dividend
Announcement summary
- What happened
- SAIFPOWER published a dividend disclosure.
- Dividend type
- Cash
- Dividend percentage
- 5%
- Company
- SAIF Powertec Limited
- Announcement published
Original announcement
The Board of Directors has recommended 5% cash dividend for shareholders excluding the Sponsors/Directors and 28% stock dividend for all shareholders for the year ended on June 30, 2017. The Sponsors/Directors hold 9,31,75,832 shares out of total 23,25,90,696 shares of the Company and the cash dividend to be payable to the General shareholders is Tk. 6,97,07,432.00. The Board of Directors has also taken decision for revision of rights issue fund utilization which was as un-utilized, subject to (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004005e4c7
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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