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SIQ - Smartgroup News Story

A$7.26 -0.1  -1.0%

Last Trade - 5:10am

Mid Cap
Market Cap £501.6m
Enterprise Value £509.6m
Revenue £113.2m
Position in Universe 324th / 1960

BUZZ-Australia's Smartgroup Corp rises after declaring special dividend

Mon 1st April, 2019 2:03am
** Shares of Smartgroup Corp Ltd  SIQ.AX  rise as much as
3.9 pct to A$8.23, their highest since March 25
    ** Stock posts its biggest intraday pct gain since Jan 7
    ** Business administration services provider declares fully
franked special dividend of 20 cents per share*:nFWN21I01N
    ** Special dividends are usually declared after
exceptionally strong company earnings results as a way to
distribute the profits directly to shareholders
    ** Co declared a FY final dividend of 21 cents/shr in Feb*:nL5N20D00K
    ** Stock has fallen 10.8 pct this year, as of last close

 ((Reuters Messaging:
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