DSE Market Update: Dividend Declarations, Q3 Earnings Surprises, and Major Corporate Shifts
Published: April 30, 2026 | Source: Dhaka Stock Exchange (DSE)
Date: April 30, 2026 | Source: Dhaka Stock Exchange
Dhaka, April 30, 2026: The Dhaka Stock Exchange (DSE) witnessed a flurry of corporate activity today as companies rushed to disclose annual dividends and quarterly financial results. Market turnover stood at Tk. 8,640.27 million, while the exchange issued fresh warnings against market rumors, urging investors to rely on fundamental data and official disclosures.
Banking Sector Leads Dividend Declarations
The banking sector remained the center of attention with several major announcements:
- Jamuna Bank: Declared a robust 29% cash dividend for FY2025, supported by a significant annual EPS of BDT 5.92.
- Bank Asia: Recommended a balanced 8.50% cash and 8.50% stock dividend for FY2025, alongside a proposal to double its authorized capital to BDT 3,000 crore.
- City Bank: Reported a massive surge in Q1 2026 earnings, with EPS jumping to BDT 1.58 from BDT 0.61 in the previous year.
- SBAC Bank: In a blow to investors, the bank recommended no dividend for FY2025 and has been downgraded to the ‘Z’ category, triggering margin loan restrictions.
- Islami Bank & Standard Bank: Regulatory notices have instructed stockbrokers to abstain from providing loan facilities for these securities effective immediately.
Insurance and Corporate Earnings Highlights
The insurance sector also saw positive dividend news. Standard Insurance declared a 12% cash dividend for FY2025, while Republic Insurance recommended 10.25% cash. ICICL announced a 10% cash dividend following a 40.91% growth in its Q1 EPS.
In the manufacturing and industrial sectors, performance was mixed:
- BSRM Steel: Reported strong growth with Q3 EPS rising to Tk. 6.35 compared to Tk. 4.45 last year.
- Renata: Continued its steady performance with a 9-month EPS of BDT 20.39.
- BPPL: Saw a remarkable 286% surge in its 9-month consolidated EPS, reaching Tk. 2.86.
- Dacca Dyeing: Faced severe headwinds, reporting a massive net loss of Tk. (43.95) per share for the nine months ending March 2026.
- Square Textiles: Reported a quarterly loss of Tk. (0.29) due to falling yarn prices and rising finance costs.
Major Corporate Changes and Appointments
Several companies announced leadership transitions and shareholding changes. Berger Paints Bangladesh (BERGERPBL) has appointed Mr. Mohsin Habib Chowdhury as its new CEO and Managing Director, effective August 1, 2026. Similarly, Baraka Power appointed Mr. Nasim Ahmed Chowdhury as MD effective today.
In terms of share movements, Premier Cement sponsor Mr. Mohammed Almas Shimul completed the transfer of his entire holding of over 2.2 million shares to family members. Conversely, corporate directors at Shepherd and Runner Automobiles completed significant share sales in the open market.
Regulatory Alerts and Market Integrity
A DSE inspection of Dominage Steel revealed that only its Ashulia unit is currently operational, with the Polash unit remaining closed. Meanwhile, Samata Leather clarified that there is no undisclosed price-sensitive information behind its recent price volatility.
Investors are advised to keep an eye on upcoming board meetings for Robi Axiata (May 7), Sonar Bangla Insurance (May 7), and DBH (May 10), which are expected to further shape market sentiment in the coming weeks.
Disclaimer: This report is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult with a professional advisor before making investment decisions.
Disclaimer: Information for educational purposes only.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Source: Dhaka Stock Exchange (DSE)
