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S$10.04 -0.2  -2.1%

Last Trade - 8:40am

Sector
Financials
Size
Large Cap
Market Cap £5.93bn
Enterprise Value £5.71bn
Revenue £591.6m
Position in Universe 280th / 6099

BRIEF-Singapore Exchange Announces Change in Dividend Policy

Fri 27th July, 2018 10:55am
July 27 (Reuters) - Singapore Exchange Ltd  SGXL.SI :
    * FINAL DIVIDEND 15 CENTS PER SHARE
    * FX DERIVATIVES BUSINESS EXPECTED TO CONTRIBUTE POSITIVELY
TO NET
PROFIT IN NEXT FEW YEARS
    * FROM FY2019, SGX WILL REVISE ITS DIVIDEND POLICY FROM ONE
BASED
ON A PERCENTAGE OF NET PROFIT, TO ONE BASED ON AN ABSOLUTE
AMOUNT
    * SGX WILL PAY A HIGHER DIVIDEND OF 7.5 CENTS PER SHARE,
STARTING
FROM Q1 OF FY2019
    * DIVIDENDS WILL BE PAID QUARTERLY AND WILL BE DECIDED BY
BOARD

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ3QRm93
Further company coverage:  SGXL.SI 

 ((Reuters.Briefs@thomsonreuters.com;))
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