Fine Foods recommends 40.5% cash dividend for general shareholders

Fine Foods’ share price fell 0.44% to Tk471.40 on the Dhaka Stock Exchange (DSE) today (7 October).

Listed company Fine Foods Limited has recommended a 40.5% cash dividend for its general shareholders for the fiscal year 2025-26, while its sponsors and directors will receive a 5% cash dividend for the year.

The dividend was recommended at a board meeting held yesterday after reviewing the company’s financial results for the year ended 30 June 2026.

Meanwhile, Fine Foods’ share price fell 0.44% to Tk471.40 on the Dhaka Stock Exchange (DSE) today (7 October).

Fine Foods has a total of 13,973,918 shares. Of these, general shareholders hold 12,027,102 shares, while sponsors and directors hold 1,946,816 shares.

Under the proposed dividend, general shareholders will receive a total of Tk4.87 crore, while sponsors and directors will receive Tk9.73 lakh.

The record date for the dividend has been set for 12 November 2026.

Alongside the dividend announcement, the company reported significant improvement in its financial performance for FY26.

Fine Foods’ turnover rose to Tk26.11 crore in FY26 from Tk11.89 crore a year earlier, representing an increase of around 120%.

The company’s earnings per share (EPS) rose sharply to Tk11.81 in fiscal 2025-26 from Tk4.18 a year earlier, marking an increase of around 183%.

Meanwhile, net asset value (NAV) per share increased to Tk25.20 from Tk14.65, while net operating cash flow per share rose to Tk1.90 from Tk1.67.

The board also recommended holding the company’s 32nd Annual General Meeting (AGM) at 11:50am on 26 December. The AGM will be held under a hybrid system.

Source: The Business Standard