Listed engineering sector company Walton Hi-Tech Industries Plc has remitted the approved dividend for the latest financial year 2023-24 to shareholders as bank. According to Walton authorities, this money was sent through Bangladesh Electronic Fund Transfer Network (BEFTN) and bank transfer.
The company approved a cash dividend of 350 per cent for common shareholders and 200 per cent for sponsors/directors in the financial year ended June 30, the highest ever.
The dividend was declared to common investors at the 40th meeting of the company's board of directors on September 4 and the shareholders approved the dividend declared by the company at the company's Annual General Meeting (AGM) held on October 29. In view of this, the company has recently deposited the amount of dividend due to the shareholders in the BO account as specified by the bank.
MICR Warrant (cheque) for the amount due has been sent by post to the address given as BO for shareholders whose bank account number is not mentioned as BO or the number is wrong or the routing number is missing or the information given therein is incorrect.
The shares of the company are trading in the 'A' category since the first dividend was paid after listing in the capital market in 2020.
