Dividend Policy and History

The Company adopts the policy of declaring dividends at the rate of approximately 20-50% of the profit after tax and minority interest and excluding fair value gains and other non-cash exceptional gains. Barring any unforeseen circumstances and provided that cash is not required for major investments in the future, the Company will continue to declare dividends at sustainable rates. Major investments may include potential mergers and acquisitions and the development of new assets and capabilities to expand the existing operations. The payment of dividends is communicated to Shareholders via announcement on SGXNET.

Financial Year Dividend Ex-dividend Date Payment Date Amount 
(Cents per Share)
2023 First and Final 2-May-24 15-May-24 15.0
2023 Special 2-May-24 15-May-24 5.0
2022 First and Final 8-May-23 19-May-23 15.0
2022 Special 8-May-23 19-May-23 3.0
2021 First and Final 6-May-22 20-May-22 15.0
2020 First and Final 30-Apr-21 14-May-21 15.0
2019 First and Final 30-Apr-20 14-May-20 17.5
2018 First and Final 3-May-19 15-May-19 17.5
2017 First and Final 2-May-18 11-May-18 17.5
2016 First and Final 3-May-17 20-Jun-17 15.0
2015 First and Final 5-May-16 21-Jun-16 15.0
2014 First and Final 28-Apr-15 16-Jun-15 15.0
2013 First and Final 29-Apr-14 20-Jun-14 15.0
2013 Special 29-Apr-14 20-Jun-14 5.0