Dhaka, March 5 -- The board of directors of Unilever Consumer Care, a subsidiary of Unilever Group, has recommended a 520 per cent cash dividend for the year ended December 31, 2024, despite lower profit.

The multinational company's earnings per share (EPS) stood at Tk 34.62 for 2024, down from Tk 49.89 in the previous year, according to a disclosure on Wednesday.

The company has set its annual general meeting for May 15 to approve the proposed dividend and review the audited financial statements for 2024. The record date for eligibility to receive the dividend has been set for April 6.

It explained that the EPS has decreased in line with the decline in revenue, a lower one-off benefit from the reassessment of past liabilities and obli...