For more stories about where the money flows, click here for our Capital section
SEE: Singapore O&G expects to record net profit after tax for FY2020 in profit guidance
The board has recommended a final dividend of 1.20 cents per share in view of its performance for the FY2020, which brings total dividend for the full-year to 1.70 cents per share, representing 85.2% of the group’s earnings. Total dividend for the FY2019 stood at 0.62 cents per share. As at end-December, cash and cash equivalents stood at $35.5 million.