Lovello Ice Cream Dividend Declaration.

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Lovello Ice Cream Dividend Declaration.

Taufika Foods and Lavello Ice Cream plc, listed in the food and accessories sector, has declared dividend for the financial year ended June 30, 2024. The company will pay 20 percent dividend per share to investors for the year under review. Out of this 10 percent cash and 10 percent bonus dividend. 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 Thursday (October 17). The company has announced a cash dividend of more than 10 percent for four consecutive years.

According to sources, the company’s earnings per share (EPS) for the fiscal year ended was tk. 1.43 paisa. Last year the earnings per share were 1 taka 24 paisa.

At the end of the financial year ended on June 30, 2024, the net asset value per share of the company was 13.37 paisa.

The Annual General Meeting (AGM) of the company will be held on December 30 at 11:30 am to approve the declared dividend. The record date for this has been fixed on November 10.

This information is known from company sources.

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