Paper Processing declares dividend

The board of directors of Paper Processing and Packaging Limited, listed in the capital market, has decided to pay 12 percent cash and 8 percent stock dividend to the shareholders after reviewing the financial report for the year ended 30 June 2023.

This information is known from DSE sources.

It is known that after reviewing the financial report of the last year, the company’s earnings per share (EPS) was Tk 4.71. As on June 30, 2023, the company’s NAVPS stood at Tk 35.50.

The Annual General Meeting (AGM) of the company will be held on December 28 to approve the declared dividend by consensus of the shareholders. And the company’s record date for distribution of dividends to shareholders has been fixed on December 10.

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