Bata recommends 445pc cash dividend for 2024

A board meeting by Bata Shoe Company (Bangladesh) Ltd was held recently where the directors recommended 105 per cent final dividend for 2024, in addition to the interim dividend of 340 per cent already declared, totaling to a cash dividend of 445 per cent for the year 2024, says a press release.

This dividend is subject to the approval by the Shareholder during the Annual General Meeting (AGM), which will be held on 26 June 2025.
During the Board Meeting, the audited financial statements for the year 2024 was also reviewed. The initial report reveals that Bata has been able to achieve 94% of last year's (2023) turnover in the financial year that ended on 31 December 2024, demonstrating remarkable resilience in the face of challenging external circumstances.