Australia's Mayfield Group Holdings jumps on declaration of dividend

Mayfield group

25/01/2024 02:19

** Shares of Mayfield Group Holdings  MYG.AX  rise as much
as 10.9% to A$0.610, their highest since Dec. 2, 2020
    ** Electrical and telecommunications co says  it has
    declared an interim fully franked dividend of 1 AU cents
amounting to A$906,000  ($595,332.60)
    ** Stock posts its biggest intraday gain since Sept 14
        ** About 172,000 shares change hands, compared with the
30-day average volume of over 7,850
    ** Stock rose 56.9% last year, its best year since 2020


($1 = 1.5218 Australian dollars)

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))