Reckitt Benckiser Bangladesh declares decade-lowest dividends | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
June 14, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, JUNE 14, 2025
Reckitt Benckiser Bangladesh declares decade-lowest dividends

Stocks

TBS Report
30 March, 2024, 10:10 pm
Last modified: 30 March, 2024, 10:13 pm

Related News

  • Mercantile Bank withholds dividend amid Tk1,700cr provision shortfall
  • Southeast Bank’s profit drops 80% in 2024
  • Premier Bank declares no dividend due to shortfall in provisions
  • Al-Arafah Islami Bank will not pay dividend for 2024
  • Dhaka Bank declares 10% dividend for 2024

Reckitt Benckiser Bangladesh declares decade-lowest dividends

TBS Report
30 March, 2024, 10:10 pm
Last modified: 30 March, 2024, 10:13 pm
Reckitt Benckiser Bangladesh declares decade-lowest dividends

UK-based multinational company Reckitt Benckiser Bangladesh declared a 550% cash dividend to its shareholders for the calendar year 2023, the a lowest in a decade.

In 2021, it had paid the highest ever 1,650% cash dividend in its history. One year later, its cash dividend payout dropped to 980%.

Last year the company declared a lower dividend, despite achieving more than 24% year-on-year growth in profit.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

In 2023, Reckitt Benckiser Bangladesh's earnings per share jumped to Tk173.65 from Tk139.50 a year ago, according to its earnings disclosure.

The will distribute 32% profit as dividend to its shareholders for the last year.

The company successfully reduced administrative and marketing expenses significantly to maintain low operating cost, thereby contributing to the growth in its profit.

Additionally, it managed to partially offset these costs by increasing the prices of its products, according to its financial statement.

To approve the audited financial statement and the dividend, the company will hold annual general meeting on 28 May and the record date is 25 April.

Reckitt Benckiser Bangladesh had seen an acceleration in its business growth after the Covid outbreak when the use of hygiene products sprang up in the country on concerns for the spread of Coronavirus.

Its top-selling products are meant for hygiene, such as Dettol and Harpic. They are also household names in particular areas.

Reckitt Benckiser Bangladesh was listed on the Dhaka Stock Exchange in 1987.

Among all companies listed on the stock exchange, Reckitt's shares are the most valuable at present.

At the end of Thursday's trading session, its shares closed at Tk4,932.30 each.

Of the total shares of the company, Reckitt Benckiser Group PLC holds 82.96%, the government 3.77%, institutional investors 4.68%, foreign investors 2.78%, and general investors 5.81%.

Bangladesh / Top News

Reckitt Benckiser / dividend

Comments

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.

Top Stories

  • Infograph: TBS
    Lowering targets and missing those: Is splitting NBR enough to break the cycle?
  • Missiles launched from Iran are intercepted as seen from Tel Aviv. REUTERS/Jamal Awad
    Iran fires missiles at Israel in response to attacks; Trump says it's not too late for nuclear deal
  • Logo of National Citizen Party (NCP)
    People won't accept election date before July Charter is implemented: NCP on Yunus-Tarique meeting

MOST VIEWED

  • Wreckage of a Boeing 787 Dreamliner showing part of its registration "VT-ANB" in Ahmedabad, India, June 12, 2025. REUTERS/Amit Dave
    Air India Dreamliner crashes into Ahmedabad college hostel, kills over 290
  • File Photo of Chief Adviser Muhammad Yunus: UNB
    Prof Yunus to receive Harmony Award from King Charles today
  • Energy adviser Fouzul Kabir Khan with other government officials during a visit to Sylhet gas field on 13 June 2025. Photo: TBS
    I would disconnect gas supply to every home in Dhaka if I could: Energy adviser
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Bangladesh mulls settlements with tycoons over offshore wealth: BB governor tells FT
  • UCB declares no dividend for 2024 to comply with regulatory requirement
    UCB declares no dividend for 2024 to comply with regulatory requirement
  • UK Prime Minister Keir Starmer, Chief Adviser Muhammad Yunus
    Disclosure of unconfirmed Yunus-Starmer meeting shows ‘diplomatic imprudence’: Analysts

Related News

  • Mercantile Bank withholds dividend amid Tk1,700cr provision shortfall
  • Southeast Bank’s profit drops 80% in 2024
  • Premier Bank declares no dividend due to shortfall in provisions
  • Al-Arafah Islami Bank will not pay dividend for 2024
  • Dhaka Bank declares 10% dividend for 2024

Features

Photos: Collected

Kurtis that make a great office wear

14h | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

2d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

3d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

4d | Features

More Videos from TBS

No Cash in ATMs: System Glitch or Something Deeper?

No Cash in ATMs: System Glitch or Something Deeper?

8h | TBS Today
Iran-Israel military power; who is ahead?

Iran-Israel military power; who is ahead?

10h | TBS World
Did the possibility of an Iran nuclear deal set back after the attack?

Did the possibility of an Iran nuclear deal set back after the attack?

12h | TBS World
IRGC chief Major General Hossein Salami killed in Israeli strike

IRGC chief Major General Hossein Salami killed in Israeli strike

13h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net