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Market Digest

Marico declares 200pc cash div

  • Staff Correspondent
  • 27 July, 2021 12:00 AM
  • Print news

Marico Bangladesh Limited (Marico) has declared 200 percent cash dividend for its shareholders for the year ended on 31st March, 2021.

The declaration came at the company’s 21st annual general meeting (AGM) held virtually on Monday.

The company has approved total 900 percent cash dividend (equivalent to Tk 90 per share) and paid on a quarterly basis in this financial year.

The company’s net profit after tax stood at Tk 3.11 billion with a top line of Tk 11.31 billion and earnings per share (EPS) at Tk 98.69.

The Company has contributed Tk 40.8 million to the national exchequer in taxes, VAT and duties. 

Marico Chairman Saugata Gupta presided over the meeting, said a press release.

Marico Managing Director Ashish Goupal, Independent Directors Parveen Mahmud and Zakir Ahmad Khan, Directors Sanjay Mishra and Pawan Agrawal, among others, were present at the AGM.