Walton Hi-Tech Industries PLC, a listed engineering sector company, has paid its approved cash dividend for the 2025-26 financial year directly into investors’ bank accounts, one day after its annual general meeting (AGM).
Mohammad Rafiqul Islam, deputy managing director and company secretary of Walton Hi-Tech Industries, confirmed the development.
He said the company held its 20th AGM on a digital platform on Thursday, October 15, with a large number of ordinary shareholders, including institutional investors, participating in the meeting.
Shareholders unanimously approved the board’s proposed 180% cash dividend and 10% stock dividend for the 2025-26 financial year. The cash dividend was transferred to investors’ respective bank accounts the following day.
Rafiqul Islam said the company’s technological excellence, institutional efficiency, operational dynamism and strong liquidity position had enabled it to distribute the cash dividend within a short period. He added that the swift payment had set an example in the country’s capital market.
Under the approved distribution, investors will receive Tk 18 in cash for each ordinary share with a face value of Tk 10. They will also receive one bonus share for every 10 ordinary shares held.
According to the audited financial statements approved by shareholders, Walton Hi-Tech earned a profit of Tk 11.25 billion in FY2025-26, up from Tk 10.37 billion in the previous financial year.
The company’s earnings per share (EPS) rose to Tk 33.75 from Tk 31.11 a year earlier.
Walton’s net asset value (NAV), including revaluation, stood at approximately Tk 127.04 billion. Its NAV per share, including revaluation, increased to Tk 381.26, while NAV per share excluding revaluation stood at Tk 280.24.
According to the company, the shares issued through the approved 10% stock dividend will help finance the expansion of its green energy capacity, ensure an uninterrupted power supply and support other modernisation and expansion activities under its balancing, modernisation, rehabilitation and expansion (BMRE) programme.
The stock dividend will be distributed entirely from retained earnings.
