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KLSE Discussion - Community to discuss on KLSE market => Recommendation & Discussion => Topic started by: JamesJr. on July 11, 2017, 11:54:47 AM

Title: Interim Dividend by Kerjaya Prospek
Post by: JamesJr. on July 11, 2017, 11:54:47 AM
Kerjaya Prospek Group Berhad (“Kerjaya” or the “Group”) today announced an interim dividend (“dividend”) of RM0.055 per ordinary share payable on 29 August 2017 to shareholders of record at the close of business on 15 August 2017. The dividend will be paid entirely from the Group’s existing cash. 

Kerjaya Prospek’s strong financials, robust balance sheet and earnings visibility allows the Group to reward shareholders via this dividend. As at 31 March 2017, Kerjaya Prospek’s current outstanding orderbook stands at RM2.6 billion and net cash position stood at an impressive RM147.08 million.

Commenting on the Group’s recent announcement, Kerjaya’s Executive Chairman, Datuk Tee Eng Ho said, “Today’s announcement of a RM0.055 interim dividend is our latest step in returning capital to our shareholders. Our strong performance and robust balance sheet allow us to provide shareholders with this dividend after taking into consideration the level of available funds, the amount of retained earnings and capital expenditure requirements.