Bangas recommends 3% cash dividend for FY25
Bangas Limited, one of the country's renowned biscuit makers, has recommended a 3% cash dividend for its general shareholders for the financial year ended 30 June 2025. The dividend excludes sponsors and directors of the company.
According to the disclosure filed on the Dhaka Stock Exchange on Monday, sponsors and directors collectively hold 1,756,454 shares out of the company's 7,624,643 total shares, meaning the cash dividend payable to general shareholders amounts to Tk1.76 million.
The company's annual general meeting (AGM)has been scheduled for 12 November 2025. The record date has been fixed for 21 October.
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For FY25, Bangas reported an earnings per share (EPS) of Tk0.28, slightly lower than Tk 0.31 in FY24. Its net asset value (NAV) per share rose marginally to Tk21.02 from Tk 21.01, while net operating cash flow per share (NOCFPS) improved significantly to Tk0.38, compared with Tk(0.15) in the previous fiscal year.
However, despite the dividend declaration, investor sentiment weakened. The company's share price fell 3.13% to Tk 111.50 during early trading on Monday at the Dhaka Stock Exchange.
