Walton Hi-Tech Industries Limited has approved 200 percent cash dividend for the general shareholders 75 percent cash dividend for sponsors and directors for the financial year 2019-2020.
The dividend was approved in a virtually held 14th Annual General Meeting (AGM) with the presence of a good number of shareholders on Wednesday, according to a press release.
Along with the dividend, other issues such as the company's financial statement for the FY 2019-2020, directors' and auditors' reports, director's retirement and re-appointment, appointment of the managing director and independent directors, statutory and secretarial auditors' appointment and fixation of their remuneration were approved.
Thanking the board of directors for declaring the dividend, general investors expressed satisfaction on the company's overall business performance in the coronavirus pandemic situation and hoped that company's such performance will be sustained in future.
The company's Vice Chairman S M Shamsul Alam presided over the meeting. Among others, the company's directors S M Ashraful Alam, S M Mahbubul Alam, S M Rezaul Alam, S M Monjurul Alam Ovee, Tahmina Afrose Tanna, Raisa Sigma Hima, Dr. Ahsan H Mansur, Samsul Alam Mallick, FCA, Professor Dr. M. Sadiqul Islam, Phd, FCA, Professor Dr. Zakir Hossain Bhuiyan, Phd, WHIL's Managing Director Engineer Golam Murshed, Additional Managing Directors Abul Bashar Howlader, Deputy Managing Directors Nazrul Islam Sarker, Eva Rezwana Nilu, Amdadul Haque Sarker and Alamgir Alam Sarker, Chief Financial Officer Md. Omar Faruque Ripon, FCA, Company's Secretary Partha Protim Das FCS and some others higher officials of the company were also present.
As of June 30, 2020, Walton Hi-Tech's earnings per share (EPS) was Tk 24.21 while its diluted EPS was recorded at Tk 24.10 and net asset value per share (NAVPS) stood at Tk 264.48 (with revaluation).