The listed company Padma Oil Company Limited has declared dividend for the financial year ended on June 30, 2024. The company will pay a cash dividend of 140 percent to shareholders for the year in question.

The decision regarding the dividend was taken after reviewing and approving the audited financial report for the financial year ended in the meeting of the board of directors of the company held on Tuesday (November 5). This information is known from DSE sources.

According to sources, the company’s earnings per share (EPS) for the year ended at TK. 41.59 paisa. The previous year’s earnings per share were 35 taka 58 paisa.

As on June 30, 2024, the company’s net asset value per share (NAVPS) stood at Tk. 231.56 paisa.

The Annual General Meeting (AGM) of the company will be held on January 11 to approve the declared dividend. The record date for this has been fixed on December 3.