Keya Cosmetics will pay cash dividend not stock

Keya Cosmetics Limited, a listed company, will pay a cash dividend, not stock . Earlier, the company’s board of directors announced a 2 percent stock dividend for shareholders. The company has decided to pay 1 percent cash dividend instead of stock dividend.

This information has been known from the company sources.

It is learned that 1 percent cash dividend has been declared for the year ended June 30, 2020. The dividend was approved at the company’s 24th annual general meeting (AGM) on Tuesday. In the last financial year, the company’s earnings per share (EPS) has been tk 0.24. At the same time, the company’s asset value per share has been tk 0.25.

Sunbd/NJ