The company plans to pay a final dividend of three cents, which will bring its full year FY2021 dividend to six cents. Based on today’s (Oct 5) closing price of $1.98, that’s a yield of 3%.
In what is likely to be the last full year earnings report by Singapore Press Holdings, the property and media company reported a profit of $92.9 million for the year ended Aug 31, versus $83.7 million in the red incurred for FY2020.
Revenue in the same period increased by 2.4% y-o-y to $475.1 million.
