Appollo Ispat recommends 15pc dividend

The Board of Appollo Ispat Complex Limited, a listed company has recommended 15 percent dividend for its shareholders for the year ended on June 30, 2014.

The proposal for 15 percent dividend for the shareholders of the company was placed at the meeting of the Board of the company on Saturday.

Appollo Ispat Complex Ltd. LogoThe meeting of the Board of the company was held at the company’s corporate office at Tejgaon.

The record date for selecting the shareholders has been set on October 21, 2014.

The Board has decided to hold the Annual General meeting (AGM) of the company for shareholders’ approval for the recommended dividend on December 21, 2014(Sunday) at 12noon at Dream Holiday Limited at Chaitabo, Panchdona in Narsingdhi.

The earning per share (EPS) of the company for the outgoing financial year was Tk 1.84, Net Asset Value (NAV) at Tk 31.37 and net operating profit per share at Tk 0.71.