Apex spinning has declared dividend.

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Apex spinning has declared dividend.

Apex Spinning and Knitting Mills Limited, a listed company, has declared dividend for the financial year ended on June 30, 2024. The company will pay 2 percent dividend to shareholders for the year under review.

The decision regarding the dividend was taken after reviewing and approving the audited financial report of the last financial year in the meeting of the company’s board of directors held on Thursday (October 17).

According to sources, the company has earned 3.65 paisa per share in the last year. The previous year’s earnings per share were Tk. 3.51 paisa.

Last year the company’s cash flow per share was 22 taka 42 paisa. The previous year cash flow was 26.24 paisa.

The company’s net asset value per share (NAVPS) as on June 30, 2024 was Tk. 63.1 paisa.

The annual general meeting (AGM) of the company will be held on the digital platform on December 7 at 10 am to approve the declared dividend. The record date for this has been fixed on November 7.

This information is known from company sources.

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