The BPC subsidiary recommends Tk12 cash dividend per share, down from Tk18 in FY25, as annual net profit drops to Tk425 crore.
Jamuna Oil Company PLC has recommended a 120% cash dividend for the fiscal year 2025-26, down from 180% in the previous fiscal year, following a 34.38% decline in annual net profit.
The state-owned Bangladesh Petroleum Corporation (BPC) subsidiary will pay Tk12 per share against a face value of Tk10, according to a price-sensitive disclosure issued after its board meeting today (8 November).
The proposed dividend is subject to shareholders’ approval at the company’s annual general meeting (AGM), scheduled to be held on 23 January 2027 at 11am through a digital platform.
The record date for determining shareholder eligibility has been set for 2 December 2026.
Jamuna Oil reported net profit after tax of Tk425.34 crore in FY26, compared with Tk648.19 crore in FY25.
Consequently, its earnings per share (EPS) fell to Tk38.52 for the year ended 30 June 2026, down from Tk58.70 in the previous fiscal year.
Source: The Business Standard
Read More at: csslbd.net
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