Bdcom delays stock dividend record date pending regulator approval

Bdcom Online, a publicly listed tech company, has announced that it has yet to receive approval from the Bangladesh Securities and Exchange Commission (BSEC) to issue the 5% stock dividend declared for the 2024–25 financial year.

As the approval is still pending, the record date set for 23 November 2025 will apply only to the cash dividend. Shareholders holding the company's stock on that date will receive the cash payout, while eligibility for the stock dividend will be determined later through a separate record date once BSEC approval is secured.

BDCOM said the updated record date for the stock dividend will be announced in due course. Today (20 November), the company's share price fell 1.53% to Tk25.80 on the Dhaka Stock Exchange.

For FY25, the company recommended a 5% cash dividend and a 5% stock dividend. It reported earnings per share (EPS) of Tk0.86 for the year, slightly higher than Tk0.85 a year earlier. EPS for the July–September quarter rose to Tk0.35 from Tk0.28 last year, while net asset value per share stood at Tk15.93 at the end of September.

Bdcom said the proceeds from the bonus shares will support network expansion and strengthen its infrastructure. It also clarified that the stock dividend is being issued from the share premium account—an eligible source—rather than the capital reserve, revaluation reserve, unrealised gains, or pre-incorporation profits. The issuance, the company added, will not create negative retained earnings or any debit balance in its accounts.