Fijian Holdings Declares $4M Interim Dividend: What’s Next?

Fijian Holdings Limited (FHL) has announced an interim dividend of $4.113 million, reflecting its commitment to its dividend policy and based on the company’s performance as of September 30, 2024.

Chairman Rokoseru Nabalarua noted that the financial results for the first quarter are promising, with FHL meeting its targeted dividend revenue thanks to strong gains in the tourism, retail, and finance sectors.

The FHL Group maintains a stable forecast for the financial year ending in June 2025, although it remains cautious about potential slowdowns in emerging markets, geopolitical tensions, and market fluctuations.

FHL plans to focus on optimizing its investments, addressing critical issues in its subsidiaries, such as cybersecurity, and ensuring a resilient and future-oriented portfolio.

In accordance with the SPX listing rules regarding dividend declarations and payments, the FHL Shareholders registry will close on October 23, 2024, with dividends expected to be distributed to shareholders on October 31, 2024.

Popular Categories

Latest News

Search the website