SingPost’s dividend policy is based on a payout ratio ranging from 60% to 80% of underlying net profit for each financial year.
Final Dividend for FY18/19
In relation to financial year ended 31 March 2019, the Board of Directors has proposed a final dividend of 2.0 cents per ordinary share (tax exempt one-tier). The final dividend, if approved by shareholders of the Company at the Annual General Meeting (“AGM”), will be paid on 7 August 2019.
Including the proposed final dividend, total dividend for the financial year would be 3.5 cents, which represents a payout ratio of 79% of underlying net profit.
The transfer book and register of members of the Company will be closed on 26 July 2019 for the preparation of dividend warrants. Duly completed registrable transfers of the ordinary shares in the capital of the Company received by the Company’s registrar up to 5.00 pm on 25 July 2019 will be registered to determine members’ entitlements to the dividend.
|Financial year ended 31 March||FY18/19||FY17/18||FY16/17||FY15/16||FY14/15||FY13/14||FY12/13||FY11/12||FY10/11||FY09/10||FY08/09||FY07/08||FY06/07||FY05/06||FY04/05||FY03/04|
|Ordinary dividend (S¢)||3.50||3.50||3.50||7.00||6.25||6.25||6.25||6.25||6.25||6.25||6.25||6.25||6.25||5.50||5.00||4.20|
|Special dividend (S¢)||-||-||-||-||0.75||-||-||-||-||-||-||-||-||10.00||-||-|
|Total dividends (S¢)||3.50||3.50||3.50||7.00||7.00||6.25||6.25||6.25||6.25||6.25||6.25||6.25||6.25||15.50||5.00||4.20|
|Payout ratio* (%)||79%||76%||66%||98%||85%||82%||84%||87%||80%||82%||82%||86%||86%||85%||86%||77%|