Apex Footwear shares surge as it declares dividend

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Business Report :

Apex Footwear shares price jumped over 6 per cent on Tuesday as it declared 35 per cent cash and 10 per cent stock dividends for the financial year 2023-24.
In the first 20-minute trading session, its share price reached at Tk254.30 at the Dhaka bourse.
According to the footwear maker’s announcement through the Dhaka bourse, its earnings per share rose by 5.56 per cent to Tk12.34 in FY24, compared to the previous year.
The company also declared the annual general meeting date on 27 November, and the record date is set on 22 October.