In contrast, the company paid a total dividend of 23.1 cents for FY2024, on earnings of $70.3 million.
SBS Transit has reported lower FY2025 revenue and lower earnings of $61.2 million, down 13% y-o-y. However, it plans to pay a special dividend of 31.99 cents on top of a final dividend of 8.66 cents.
The FY2025 total payout, including an interim dividend of 8.95 cents already paid, will be equivalent to a payout ratio of 253%.
