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Unilever Consumer Care okays 440pc cash dividend for 2021

Unilever Consumer Care Limited has approved a final cash dividend of 440 percent, or Tk. 44.00 per ordinary share of Tk. 10.00 each, for its shareholders, a press release said Tuesday.

The company in its 49th Annual General Meeting (AGM) on Tuesday also approved the Directors’ Report, Auditor’s Report and Audited Accounts for the year ended 31st December 2021.

The revenue of Unilever Consumer Care has grown by 19.4 percet last year, while gross profit 20.6 percent.   

In pursuance to Bangladesh Securities and Exchange Commission’s directive, the AGM was conducted through Digital Platform consecutively for the third time.

The meeting was presided over by the Company’s Chairman Masud Khan. Company’s Managing Director KSM Minhaj and other Directors namely Zahidul Islam Malita, S.O.M. Rashedul Quayum, Md. Abul Hossain, Mohsin Uddin Ahmed and Reazul Haque Chowdhury and Company Secretary Mohammad Naharul Islam Molla along with representatives from Company’s Statutory Auditors and Senior Management and a good number of shareholders attended the meeting using the digital platform.

Masud Khan, Chairman of Unilever Consumer Care Limited said, “In 2021 we consolidated our strategy at the back of extensive cost-saving initiatives, technological innovations, superior consumer understanding and deeper market intimacy. In pursuit of offering accessible nutrition to consumers, we have ensured access packs for core Horlicks and Junior Horlicks.”

“As a consumer healthcare company, we want to keep consumer wellbeing at the core of our business and contribute to the Sustainable Development Goals (SDG) of Zero Hunger and Health and Wellbeing” he said.

Unilever Consumer Care Limited is one of the largest Fast Moving Consumer Goods Company and has been operating in Bangladesh Since 1974. Throughout its remarkable journey of over four decades in this country, UCL stands strongly and maintains a leading position in the Health Food Drink Category of Bangladesh. UCL’s portfolio includes international brands Horlicks, Maltova, Boost and GlucoMax D.  

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