The subsidiaries already paid Tk742.5crore in interim dividends to the listed company earlier this year
The acquisitions of power producing sister concerns over the recent years are now paying off to United Power Generation and Distribution Company Ltd (UPGDCL).
The two subsidiary companies, where the listed power company owns 99% shares, together are going to pay Tk891 crore in interim dividends for the second time in the current fiscal year, in addition to their already paid interim dividends of Tk742.5 crore for the first half of the fiscal year.
Analysts said the interim dividends together are going to the largest ever dividend income by any listed company in Bangladesh in a single year.
Midway News Team
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