To add icing to the cake, the company declared a final dividend of 1.76 cents. To mark its 20th anniversary of listing, CDG plans to pay a special dividend of 2.46 cents too, bringing its full-year payout equivalent to a yield of around 7%.
ComfortDelGro (CDG) (SGX:C52
) , the leading land transport operator in Singapore, was among the worst-hit stocks during the pandemic, as commuting traffic collapsed because of movement restrictions.
On Feb 24, CDG reported a 63.3% y-o-y improvement in its earnings for 2HY2022 ended December 2022 to hit $57.8 million. The 2HFY2022 earnings have brought the FY2022 total to $173 million, 40.7% higher y-o-y. Revenue for the year was up 7.9% to $3.78 billion.
