Dividend plays pay?


Dateline 2016-02-27, The Star:

 

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The only company that has bugged the trend is Petra Energy Bhd (PEnergy).

The company has in total declared a dividend of 10 sen per share, including a special dividend of six sen per share, for the financial year (FY) ended Dec 31, 2015. This compared with a total dividend of only two sen per share in the preceding year.

The increase in PEnergy’s dividend payout is in line with the company’s earnings, which grew 47% year-on-year (y-o-y), and cash position, which swelled five times to RM165mil, in FY2015.

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This entry was posted on Tuesday, April 12th, 2016 at 6:10 am and is filed under investment, Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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