BDCOM Online, a publicly listed technology company, has announced that it is yet to receive approval from the Bangladesh Securities and Exchange Commission (BSEC) to issue the 5% stock dividend declared for the 2024–25 financial year.

As the approval remains pending, the record date set for 23 November 2025 will apply only to the cash dividend. Shareholders holding the company’s shares on that date will receive the cash payout, while eligibility for the stock dividend will be determined later through a separate record date once BSEC approval is secured. BDCOM said the updated record date for the stock dividend will be announced in due course.

Following the announcement, BDCOM’s share price fell 1.53% to Tk25.80 on the Dhaka Stock Exchange today (20 November).

For FY25, the company recommended a 5% cash dividend and a 5% stock dividend. It reported earnings per share (EPS) of Tk0.86 for the year, slightly higher than Tk0.85 in the previous year. EPS for the July–September quarter rose to Tk0.35 from Tk0.28 last year, while net asset value per share stood at Tk15.93 at the end of September.

BDCOM stated that the proceeds from the bonus shares will be used to support network expansion and strengthen its infrastructure. The company also clarified that the stock dividend is being issued from the share premium account—an eligible source—rather than the capital reserve, revaluation reserve, unrealized gains, or pre-incorporation profits. The issuance will not create negative retained earnings or any debit balance in its accounts.