Sector-wise dividend payment by all listed companies in Dhaka stock exchange : an empirical analysis

Purpose: The purpose of this article is to examine the sectorwise dividend payment of all the listed companies in the Dhaka Stock Exchange (DSE). This paper also indicates the highest and lowest percentage of dividend paid by companies in each sector, as well as illustrates the reason for distributing such amount of dividend. Design/methodology/approach: The empirical analysis was done by using the last fifteen years (i.e., 2004-2018) of dividend payment by all listed firms in DSE. Data was collected from the secondary sources to perform the analysis. On collected data, average dividend amount was calculated for each listed company by adding the percentage of cash and stock dividend paid by those companies. Trend analysis was performed on the average dividend to see which company among all listed companies is distributing a high or low percentage of dividend to their shareholders' over the years. Findings: The results from this article show that companies in the declining industry fail to meet their shareholders’ expectations in terms of dividend payment. On the other hand, companies in booming industries are consistently disbursing dividend for their shareholders’. Besides, companies are in the growth stage, and the multinational companies are distributing a considerable percentage of dividend. Practical implications: The results of this article will be helpful for the fund managers’, investment analysts’ and investors’ who makes decisions to invest in the capital market because the paper presented the historical average dividend payment by listed companies. Originality/value: This article presents the average dividend payment by companies listed in stock exchange in an emerging economy, also finds out sector-wise dividend payment and suggests some remedial for companies.peer-reviewe

Wireless Health Monitoring using Passive WiFi Sensing

This paper presents a two-dimensional phase extraction system using passive WiFi sensing to monitor three basic elderly care activities including breathing rate, essential tremor and falls. Specifically, a WiFi signal is acquired through two channels where the first channel is the reference one, whereas the other signal is acquired by a passive receiver after reflection from the human target. Using signal processing of cross-ambiguity function, various features in the signal are extracted. The entire implementations are performed using software defined radios having directional antennas. We report the accuracy of our system in different conditions and environments and show that breathing rate can be measured with an accuracy of 87% when there are no obstacles. We also show a 98% accuracy in detecting falls and 93% accuracy in classifying tremor. The results indicate that passive WiFi systems show great promise in replacing typical invasive health devices as standard tools for health care.Comment: 6 pages, 8 figures, conference pape

Can we rely on public data as a source of information for cancer registry in developing countries?

Background/aims: Although a "hospital-based cancer registry" is important in improving patient care, a "population-based cancer registry" with emphasis on epidemiology is important in allocating health care resources and prioritizing public health programs. Because of its reliance on retrieved clinical and para-clinical documents, there is some limitation in registering all cancer incidents in this system, especially in developing countries. In this study we examined the possibility of using public data as a complementary source of information for recording cancers in a population-based cancer registry. Methods: Along with the annual census in rural areas, a survey was performed in Golestan province in March 2004 to identify public awareness about cancer incidents in the community. Individuals were questioned about history of cancer in their close relatives during the last two years. Those who reported cancer in their relatives were also asked to name the main organ of involvement. A similar list was retrieved from the cancer registry at the Ministry of Health in Gorgan, and cases with upper GI (esophagus and gastric) cancer diagnosis from 21 March 2002 through 20 March 2004 were selected for this study. Finally, these two lists were compared for examining accuracy of the collected data. Results: We included 137 cases in our study with rural residence and known addresses. Only 35 (25.5%) cases were reported by the relatives and among them only 20 (57.1%) relatives correctly reported the tumor location. Although we found a difference in accurate reporting of cancer incidents by year of diagnosis (more correct cases reported during the second versus the first year), the difference was not statistically significant between the two years. Conclusion: In this study, we examined the possibility of using public awareness about cancer incidents as a complementary source of information for a population-based cancer registry. We found that this approach is not ideal for reducing limitations. Therefore, we recommend a nationwide cancer registry to record all cancer-related information at the time of diagnosis. This strategy will reduce the need for performing retrospective surveys in collecting cancer-related information

Effects of lignin as a stabilizer or antioxidant in polyolefins

Lignin, a major component of biomass, is an attractive alternative to hindered phenol-based antioxidants for polymers due to its renewable nature and naturally occurring hindered phenolic structure. In this study, for the first time, lignin de-polymerization was explored as a promising approach to improve the reactivity of the lignin-based antioxidants for polymers (polyethylene, PE and polypropylene, PP). A proprietary hydrolytic de-polymerization process was utilized to increase the antioxidant activity of two types of technical lignin: kraft lignin, KL (a by-product from the pulp and paper industry) and hydrolysis lignin, HL (a by-product from the pre-treatment processes in cellulosic ethanol plants). The de-polymerized lignins had up to five times more antioxidant activity compared to the crude lignins, a result of their higher phenolic content, improved hydrophobicity, and lower molecular weight. The results also revealed that the addition of 2.5 wt% DKL or 5 wt% DHL attained the same level of antioxidant activity as the addition of 0.5 wt% commercial antioxidant. Owing to the lower price of DKL or DHL compared with that of the commercial antioxidant or the neat PE, the addition of the larger amount of DKL and DHL did not increase the cost of the PE blends. Instead, the material cost of a PE blend that contains a larger amount of DKL (2.5 wt%) or DHL (5 wt%) is actually lower than that of a PE blend with a smaller amount of commercial antioxidant (0.5 wt%)

Neutron-star Radius from a Population of Binary Neutron Star Mergers

We show how gravitational-wave observations with advanced detectors of tens to several tens of neutron-star binaries can measure the neutron-star radius with an accuracy of several to a few percent, for mass and spatial distributions that are realistic, and with none of the sources located within 100 Mpc. We achieve such an accuracy by combining measurements of the total mass from the inspiral phase with those of the compactness from the postmerger oscillation frequencies. For estimating the measurement errors of these frequencies we utilize analytical fits to postmerger numerical-relativity waveforms in the time domain, obtained here for the first time, for four nuclear-physics equations of state and a couple of values for the mass. We further exploit quasi-universal relations to derive errors in compactness from those frequencies. Measuring the average radius to well within 10% is possible for a sample of 100 binaries distributed uniformly in volume between 100 and 300 Mpc, so long as the equation of state is not too soft or the binaries are not too heavy.Comment: 9 pages and 7 figure

Magnetic anisotropy of FePt nanoparticles

We carry out a systematic theoretical investigation of Magneto Crystalline Anisotropy (MCA) of L10 FePt clusters with alternating Fe and Pt planes along the (001) direction. We calculate the structural relaxation and magnetic moment of each cluster by using ab initio spin-polarized density functional theory (DFT), and the MCA with both spin-polarized DFT (including spin-orbit coupling self-consistently) and the torque method. We find that the MCA of any composite structure of a given size is enhanced with respect to that of the same-sized pure Pt or pure Fe cluster as well as to that of any pair of Fe and Pt atoms in bulk L10 FePt. This enhancement results from the hybridization we observe between the 3d orbital of the Fe atoms and the 5d orbital of their Pt neighbors. This hybridization, however, affects the electronic properties of the component atoms in significantly different ways. While it somewhat increases the spin moment of the Fe atoms, it has little effect on their orbital moment; at the same time, it greatly increases both the spin and orbital moment of the Pt atoms. Given the fact that the spin-orbit coupling (SOC) constant of Pt is about 7 times greater than that of Fe, this Fe-induced jump in the orbital moment of the Pt atoms produces the increase in MCA of the composite structures over that of their pure counterparts. That any composite structure exhibits higher MCA than bulk L10 FePt results from the lower coordination of Pt atoms in the cluster, whether Fe or Pt predominates within it. We also find that bipyramidal clusters whose central layer is Pt have higher MCA than their same-sized counterparts whose central layer is Fe. This results from the fact that Pt atoms in such configurations are coordinated with more Fe atoms than in the latter. By thus participating in more instances of hybridization, they contribute higher orbital moments to the overall MCA of the unit

3D Thermal Model of Laser Surface Glazing for Ti6Al4V alloy

t: Ti6Al4V alloy plays a significant role in the biomedical applications such as bioimplants for its excellent biocompatibility. Its usage can be further extended by improving the surface hardness and wear resistance. In this respect, laser surface glazing (LSG), an advanced surface modification technique, is very useful which can produce thin hardened surface layer and strong metallurgical bonding. Investigation of temporal and spatial temperature distributions of laser glazed surface of materials are essential because temperature plays significant role in achieving required surface properties. Therefore, in this study, a 3D Finite element analysis has been developed to perform transient thermal analysis of LSG for Ti64 alloy. The model investigated temperature distribution, depth of modified zone and heating and cooling. The results show that the peak temperature is attained 2095 K for 300 W laser power, 0.2 mm beam width and 0.15 ms residence time. Since this temperature is above the melting point (1933 K) of Ti64 alloy, the melt depth is calculated 22.5 μm. Furthermore, from the simulation results, the average heating and cooling rates are estimated 1.19×107 Ks-1 and 2.71×106 Ks-1 respectively which indicate the presence of hard phases in the modified zone

Comparing primary prevention with secondary prevention to explain decreasing Coronary Heart Disease death rates in Ireland, 1985-2000.

BACKGROUND: To investigate whether primary prevention might be more favourable than secondary prevention (risk factor reduction in patients with coronary heart disease(CHD)). METHODS: The cell-based IMPACT CHD mortality model was used to integrate data for Ireland describing CHD patient numbers, uptake of specific treatments, trends in major cardiovascular risk factors, and the mortality benefits of these specific risk factor changes in CHD patients and in healthy people without recognised CHD. RESULTS: Between 1985 and 2000, approximately 2,530 fewer deaths were attributable to reductions in the three major risk factors in Ireland. Overall smoking prevalence declined by 14% between 1985 and 2000, resulting in about 685 fewer deaths (minimum estimate 330, maximum estimate 1,285) attributable to smoking cessation: about 275 in healthy people and 410 in known CHD patients. Population total cholesterol concentrations fell by 4.6%, resulting in approximately 1,300 (minimum estimate 1,115, maximum estimate 1,660) fewer deaths attributable to dietary changes(1,185 in healthy people and 115 in CHD patients) plus 305 fewer deaths attributable to statin treatment (45 in people without CHD and 260 in CHD patients). Mean population diastolic blood pressure fell by 7.2%, resulting in approximately 170 (minimum estimate 105, maximum estimate 300) fewer deaths attributable to secular falls in blood pressure (140 in healthy people and 30 in CHD patients), plus approximately 70 fewer deaths attributable to antihypertensive treatments in people without CHD. Of all the deaths attributable to risk factor falls, some 1,715 (68%) occurred in people without recognized CHD and 815(32%) in CHD patients. CONCLUSION: Compared with secondary prevention, primary prevention achieved a two-fold larger reduction in CHD deaths. Future national CHD policies should therefore prioritize nationwide interventions to promote healthy diets and reduce smoking