Esquire Knit declares 10% cash dividend for general shareholders
Esquire Knit Composite PLC, a textile firm listed on the stock exchanges, has recommended a 10% cash dividend only for its general shareholders for the fiscal year 2024-25.
The board of the company approved the dividend at its 153rd meeting held today (26 October) at its corporate office.
The company reported a consolidated earnings per share (EPS) of Tk0.44 for FY25, slightly up from Tk0.41 during the same period of the previous fiscal year (FY24).
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The sponsor-directors of the company, who own 6.34 crore shares, will not be entitled to the dividend, while the general shareholders, who own 7.15 crore shares, will receive Tk7.15 crore in total dividends as recommended by the company.
The annual general meeting (AGM) is scheduled to be held on 25 January 2026 through a digital platform.
To identify its shareholders, the record date has been fixed on 2 December.
Today, shares of Esquire Knit closed at Tk24.30 each at the Dhaka Stock Exchange (DSE), a 1.25% up from the previous trading session.
