What does Category (A, B, G, N, Z) of Stock Indicates

Topic: What does Category (A, B, G, N, Z) of Stock Indicates A-Category Companies: Companies which are regular in holding the annual general meetings and have declared dividend at the rate of ten percent or more in the last English calendar year. B-Category Companies: Companies which are regular in holding the annual general meetings but have failed to declare dividend at least at the rate of ten percent in the last English calendar year. G-Category Companies: Green-field companies of which shares are listed with the DSE before the company goes into commercial operation and prior to listing the said company declares the year of first declaration of dividend. N-Category Companies: Newly listed companies except green-field companies which shall be transferred to other categories in accordance with their first dividend declaration and respective compliance after listing of their shares. Z-Category Companies: Companies which have failed to hold the annual general meeting when due or have failed to declare any dividend based on annual performance or which are not in operation continuously for more than six months or whose accumulated loss after adjustment of revenue reserve, if any, exceeds its paid up capital. Presented by Shihab Alam Khan on behalf of Finance School Content Sources: https://dsebd.org/settle.php

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