Australia's Seven Group Holdings rises on higher annual profit, final dividend

SGH

14/08/2024 02:01

** Shares of Seven Group Holdings  SVW.AX  rise as much as
5.6% to A$38.78, their highest since Aug. 1
    ** Stock posts its biggest intraday pct gain since Feb. 14
    ** Investment firm posts 30% rise in full-year net profit
after tax to A$850 mln ($564.49 mln)
    ** Raises dividend payout to 30 AU cents per share from 23
AU cents last year
    ** Stock had fallen 0.5% this year, as of last close

($1 = 1.5058 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))