Declares Dividend Despite Loss, Demonstrating Responsibility to Shareholders

Feb 05, 2026
Business

Symbolic Image: Stock Market (Collected)

Staff Report: PNN:

Despite significant losses, top tiles and ceramics company RAK Ceramics has decided to provide a 10% cash dividend to ordinary shareholders. Last fiscal year, 2024–25, the company reported total losses of approximately BDT 40 crore, a 16-fold increase from BDT 2.5 crore the previous year.

No dividends have been allocated for entrepreneurs or directors. The board decided that the dividend cost will be around BDT 12 crore. The loss per share increased to BDT 0.93 in 2024–25, up from BDT 0.06 in the previous year, an increase of BDT 0.87 in one year.

The company stated that due to the current economic situation and limited market demand, sales have decreased significantly. However, despite the loss, the share price increased in the stock market. As of 12:00 PM today, shares traded at BDT 24 each on the Dhaka Stock Exchange, up BDT 0.60 or 2.5%.

RAK Ceramics was listed on the stock market in 2010 and is recognized as a company with strong fundamentals. The dividend decision reflects the company’s commitment to shareholders despite reduced profits.