Beach Hatchery profits surprise, increases dividend

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Beach Hatchery profits surprise, increases dividend

Stock market listed Beach Hatchery Limited has declared dividend for the financial year ended on June 30, 2024. The company will pay a cash dividend of 10 percent per share to investors for the year under review.

The decision regarding the dividend was taken after reviewing and approving the financial report of the completed financial year in the meeting of the board of directors of the company held on Monday (November 25). This information is known from DSE sources.

According to sources, the company’s earnings per share (EPS) for the fiscal year ended at Tk. 2.03 paisa. Earnings per share were 93 paisa last year.

At the end of the financial year ended on June 30, 2024, the net asset value per share of the company was Tk. 12.49 paisa.

The annual general meeting (AGM) of the company will be held on December 31 to approve the declared dividend. The record date for this has been fixed on December 15.

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