Premier Cement recommends 10% cash dividend
The lower payout comes after the company reported a sharp decline in profits
Representational image. Photo: Collected
Premier Cement Mills, one of the country's leading cement manufacturers, has recommended a 10% cash dividend for its shareholders for the 2024–25 fiscal year — almost half of what it paid in the previous year.
The lower payout comes after the company reported a sharp decline in profits.
According to its price-sensitive information (PSI), earnings per share (EPS) fell to Tk1.29 in FY2024–25, an 81.67% drop from Tk7.04 in FY2023–24.
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In the 2023–24 fiscal year, Premier Cement had distributed a 21.5% cash dividend.
On Thursday, the company's shares closed at Tk42.60 each on the Dhaka Stock Exchange (DSE).
