Rahima Food Corporation declares 1% dividend with positive earnings

With its earnings turning positive, Rahima Food Corporation has recommended a 1% cash dividend to the shareholders, other than the directors. 

The directors of the company are holding 90,46,300 shares while the public shareholders are holding 10,953,900 shares, the company said in a filing with Dhaka Stock Exchange on Sunday. 

It also said that an amount of Tk10.95 lakh will be payable to the general shareholders as dividend. 

The company reported earnings per share (EPS) of Tk0.07 and net asset value (NAV) per share of Tk9.29 for the year ended on June 30, 2021, as against Tk1.20 on the negative and Tk9.57 respectively for the same period of the previous year. 

The annual general meeting (AGM) of the company is scheduled to take place online December 27, 2021. 

During Sunday’s trade, its closing price was Tk304.4.