ACME Laboratories declares 30% cash dividend

The ACME Laboratories has declared higher dividends for its shareholders as the company made higher profits in 2021-22 financial year.

The drug maker's profits rose 34 per cent year-on-year to Tk 211 crore in the last fiscal year when its earnings per share (EPS) hit Tk 9.98.

Considering the higher profits, board of directors of the company declared 30 per cent cash dividend for its shareholders while it disbursed 25 per cent cash dividend in the previous year.

The share price of ACME rose 2.1 per cent to Tk 86.9 when the news broke on the Dhaka Stock Exchange (DSE) today.