Staff Reporter: The bonus dividend on shares of ACI Limited has risen in value since then. The stock rose 2 percent on Sunday. The company has declared a 60 percent (15 percent bonus) dividend for the last fiscal year.
At the Dhaka Stock Exchange (DSE), the share price fell by Tk 38.70 or 10.96 percent. However, calculating the price adjustment after the 15 percent bonus dividend gives the opposite picture of the company’s share price.
Sunday was the next day after the company’s record date. Before the record date, the closing price of this share was 335 rupees 60 paise. Due to 15 percent bonus dividend, the post-adjustment price stands at Rs 292. In contrast, the closing price of the share on the DSE on Sunday was 299 rupees. As a result, the share price has risen by Tk 6 or 2 percent.
Source: Daily StockBangladesh by www.dailystockbangladesh.com.
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