STAR to pay special dividend
Filed Under (Business News) by Webmaster on 13-10-2010
Tagged Under : dividend, Star publications
Star Publications (M) Bhd announced yesterday a special dividend comprising 47.9 sen per RM1 ordinary share, less tax and 4.7 sen per RM1 ordinary share, tax exempt for the year ending Dec 31, 2010.
It told Bursa Malaysia yesterday the entitlement date is Nov 10.
This brings the total gross dividends for the current financial year ending Dec 31 to 63.1 sen per share.
For the financial year ended Dec 31, 2009, total dividend payout amounted to 21 sen per share.
Star made a net profit of RM50.08mil or 6.78 sen per share for its second quarter ended June 30, 52.4% higher than the net profit of RM32.86mil or 4.45 sen per share for the same period a year earlier on growth in advertising expenditure due to the improving economy.
For the first half of the year, its net profit rose 72% to RM87.9mil.
