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Trendlines to adopt dividend policy from July

Felicia Tan
Felicia Tan • 2 min read
Trendlines to adopt dividend policy from July
Shares in Trendlines closed 0.4 cent higher or 3.9% up at 10.8 cents on June 14.
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Israel-based start-up incubator Trendlines Group has adopted a dividend policy effective July 1.

The move comes after the group has reviewed the economic outlook and its potential financial prospects, it stated in a June 14 announcement.

Dividends will be paid from the company’s net exit proceeds, referring to the cash that was actually received by the group during that particular financial year, including royalties.

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