IFAD Automobile's Dividend Declaration

October 19, 2017
 The IFAD Automobile listed in the capital market has declared 26 percent dividend for shareholders.



According to the Dhaka Stock Exchange (DSE) website, 21 percent of the cash and 5 percent bonus will be given as per the website.
But the entrepreneur / directors decided not to take cash dividends, the company's board of directors decided on Wednesday.
Iffd Auto, listed in the field of engineering in the capital market, will get this dividend for the year ended on June 30,
During this period, the company's share income (EPS) has almost doubled to 6 rupees 74 paise, which was 3 rupees 83 paisa at the same time last year; Share original real asset value (NAV) increased by 5 paise to 4 paisa 38 paisa 61 paisa
However, the effective cash flow of the company was reduced by Tk. 74 paise to Tk. 7.99 from the earlier period.
The company's Annual General Meeting (AGM) will be held at Samarai Convention Center in Panthapath at 3:30 pm on December 10. Record date for this has been set November 12.
According to IFAD Autos, the entrepreneurs / directors of the company's total of 15.54 million 80 thousand shares hold 9.77 million 97 thousand 700 shares. The remaining shareholders get cash dividend of 12.15 crore 52 thousand 830 taka.

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