The board of directors of Oimex Electrode Limited has recommended a 1% cash dividend for their shareholders, other than sponsors and directors, for the fiscal year 2021-22.
The decision has taken in a board meeting of the company on Sunday (5 February). Anti Climb Security Spikes
The sponsors and directors hold 20,133,184 shares out of a total of 67,084,781 shares of the company.
General shareholders hold 46,951,597 shares and general shareholders will get a cash dividend of Tk4,695,159.
The company has made a loss per share of Tk1.65 and its net asset value per share stood at Tk11.72.
Oimex Electrode is a manufacturer of welding electrodes, galvanized iron wire, copper-coated welding wire, and iron nails.
The share price of the company has come down 11% to 16.20 after publishing the annual disclosure through stock exchanges.
While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.
Main Office -4/A, Eskaton Garden, Dhaka- 1000
Absolute Mesh And Steel Send Opinion articles to - [email protected]