Singapura Finance Announces Generous Dividends for Shareholders

Singapura Finance Ltd, a leading financial institution in Singapore, has announced its final and special dividends for the year ended 31 December 2024. This news is likely to be well-received by the company’s shareholders, as it showcases the firm’s strong financial performance and its commitment to rewarding its investors. 1
The key highlights of the announcement are:
Final Dividend: Singapura Finance will be paying a final dividend of 2.0 cents per share. This dividend is tax-exempt under the one-tier tax system, meaning that shareholders will receive the full amount without any further tax deductions.
Special Dividend: In addition to the final dividend, the company is also declaring a special dividend of 1.0 cent per share. This special dividend is also tax-exempt, further enhancing the returns for shareholders.
Record and Payment Dates: The record date for determining shareholders’ entitlement to the dividends is set for Friday, 2 May 2025. The dividends will be paid out on Friday, 9 May 2025, providing a timely boost to shareholders’ portfolios.
This announcement is likely to be seen as a positive development for Singapura Finance’s shareholders, as it demonstrates the company’s financial strength and its ability to generate consistent returns. The combination of a final dividend and a special dividend is particularly noteworthy, as it suggests that the company is in a strong position to share its success with its investors.
Investors should note that the payment of these dividends is subject to shareholders’ approval at the upcoming Annual General Meeting (AGM). However, given the company’s track record and the generous nature of the dividends, it is highly likely that the shareholders will vote in favor of the proposed payouts.
Overall, this announcement from Singapura Finance is a testament to the company’s financial discipline and its commitment to shareholder value creation. Retail investors may find this news particularly appealing, as it represents a tangible return on their investment in the company.
This article is for informational purposes only and does not constitute a recommendation to buy, sell, or hold any securities. Investors should always conduct their own due diligence and consult with a financial advisor before making any investment decisions.

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