Tailevu Holdings Pte Ltd has paid an interim dividend of 3 cents per share — the company’s first interim payout — distributing a total of $39,849.54 to its shareholders on Monday, the company announced. The dividend was split between the Tailevu Provincial Council (TPC), which holds 55 percent of the shares and received $21,959.61, and the Tailevu Dairy Farmers Cooperative Association Limited (TDFCAL), which holds 45 percent and was paid $17,889.93.
The board declared the interim dividend for the financial year to 30 June 2026 after reviewing performance for the six months to 31 December 2025, Tailevu Holdings said. Board chairman Malakai Naiyaga said the company’s results had improved notably, driven by a key milestone last year: the redevelopment and leasing of the refurbished Ratu Cakobau House, which boosted returns and helped underpin the dividend decision.
Naiyaga highlighted that the prior financial year, which ended 30 June 2025, laid the groundwork for the turnaround. Strengthened relations with partners, tenants and stakeholders, together with solid performance in the company’s property portfolio and its trucking and cartage operations, were cited as the main contributors to the improved results in the current period. “This is the first time that we are able to pay an interim dividend,” he said.
Alongside returning cash to its shareholders, Tailevu Holdings signalled a continued focus on local community engagement and support. Naiyaga noted that improved profits had increased the company’s capacity to contribute to provincial programs, including initiatives in education, extracurricular activities for women and children, and services for those with special needs.
Looking ahead, the board said it plans to expand its property investments to meet rising demand for office and commercial leasing within the Tailevu province. The company has a pipeline of new property developments it intends to pursue to capitalise on that demand, reflecting a strategic shift toward growing its real-estate income streams following the successful Ratu Cakobau House redevelopment.
The interim dividend underscores Tailevu Holdings’ stronger cash position and its intention to balance shareholder returns with reinvestment in local property development and community programs. The move is likely to be watched by TPC and TDFCAL members, for whom the payout represents both a direct financial benefit and a signal of the company’s renewed momentum.
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