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Fijian Holdings to pay out $3.351m

 

Oct 01, 2014 12:30:23 PM

Fijian Holdings to pay out $3.351m The Fijian Holdings Limited will pay $3.351million to its shareholders, the board has confirmed.

This will be for the year ending June 30, 2014 which brings the total dividend declared for the full year of 2014 to $6.397m compared to $6.091m last year.

Group Chairman Iowane Naiveli made the announcement and said that this was the first time for FHL to increase its dividend payout rate for A Class shareholders.

“We’re pleased to reward our shareholders for their continued support in the journey of delivering consistent, competitive, profitable and responsible growth,” Naiveli said.

This dividend payout will see both classes of shares being given one cent increase, bringing the total rate to 11 cents as compared to 10cents last year.

FHL shareholders register will close on the 21st of this month with the payout to be done on the 29th.

The board have also resolved to maintain the equal dividend rate paid to Class A shareholders and Class B shareholders.

Meanwhile the AGM for FHL will be on October 29th at the Britannia Ball Room at Grand Pacific Hotel at 3pm.

By Vuniwaqa Bola-Bari

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