Marico Bangladesh announces 1950% final cash dividend

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Marico Bangladesh announces 1950% final cash dividend

The pharmaceutical and chemical business Marico Bangladesh Limited, which is listed, has declared its final dividend for the fiscal year that concluded on December 31, 2024. A 1,950 percent (1,950%) final dividend will be paid by the corporation, all of which will be in cash.
At the company’s board of directors meeting on Tuesday, April 29, the audited financial report for the most recent fiscal year was reviewed and approved, and the dividend decision was made. The company sources revealed this information.

For the same year, the corporation had previously announced an interim dividend of 1,890 percent (1,890%), which had already been distributed to shareholders. With the final dividend included, Marico is paying a total dividend of 3,840 percent.

The company’s 2024 earnings per share were 187.49 paisa, as per the audited financial report. In the previous year, its earnings per share were 146.23 paisa.

The cash flow per share was 195 taka 25 paisa the year before, and it was 146 taka 23 paisa this year. The net asset value per share (NAVPS) of the corporation was 239 taka 13 paisa on December 31, 2024.

At 3:30 p.m. on Thursday, June 26, the firm will hold its annual general meeting (AGM) virtually. For this, May 26 has been designated as the record date.

 

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