Silva Pharma will give dividends even from losses.

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Silva Pharma will give dividends even from losses.

Stock market listed Silva Pharmaceuticals Limited has declared dividend for the financial year ended on June 30, 2024. The company will pay a cash dividend of 1 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 (October 28). This information is known from DSE sources.

According to sources, the company posted a loss of 47 paisa per share in the financial year ended. The previous year earned 24 paisa per share.

As on June 30, 2024, the company’s asset value per share (NAV) was Tk.16.53 paisa.

The Annual General Meeting (AGM) of the company will be held on December 30 to approve the declared dividend. The record date for this has been fixed on December 1.

 

This information is known from DSE sources.

 

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