Home Capital Results

Second Chance Properties doubles earnings for FY2021, plans record 5.5 cents dividend payout

The Edge Singapore
The Edge Singapore10/28/2021 09:49 PM GMT+08  • 2 min read
Second Chance Properties doubles earnings for FY2021, plans record 5.5 cents dividend payout
The company plans to buy more shares for a bigger stream of dividend income
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Second Chance Properties plans to reward shareholders with a record dividend of 5.5 cents, as it reports better earnings for the year ended Aug 31 2021. At today’s (Oct 28) closing price of 35 cents, that’s a yield of 15.7%.

Last year, the company’s payout was 0.45 cents.

For FY2021, the company reported earnings of $9.8 million, up 121% over the preceding year. Revenue in the same period was $36.6 million, up 52.7%.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now