Home Capital Results

Venture Corp maintains full-year dividend of 70 cents even as 4Q earnings dip 10% to $96.3 mil

Uma Devi
Uma Devi2/27/2020 6:49 PM GMT+08  • 3 min read
Venture Corp maintains full-year dividend of 70 cents even as 4Q earnings dip 10% to $96.3 mil
Despite the lower earnings, Venture is maintaining its yearly dividend payout of 70 cents per ordinary share, including a 20 cents interim dividend that was paid in September 2019, and a proposed final dividend of 50 cents.
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.

SINGAPORE (Feb 27): Venture Corporation reported earnings of $96.3 million for 4QFY2019 ended December, some 10% lower than earnings of $107.7 million in the corresponding quarter last year.

This brings the group’s full-year earnings to $420 million, a marginal decline of 3.0% from FY2018’s earnings of $433 million.

Despite the lower earnings, Venture is maintaining its yearly dividend payout of 70 cents per ordinary share, including a 20 cents interim dividend that was paid in September 2019, and a proposed final dividend of 50 cents.

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.