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FHL To Pay First Interim Dividend For FY2010
The Board of Fijian Holdings Limited has declared to pay $2,296,465 as the first interim dividend to company shareholders for the current 2010 financial year. The dividend payment is made up of 10 cents per A class share totalling $1,046,465 and 6.25 cents per B class share totalling $1,250,000. For B Class shareholders, the dividend declared for 2010 has increased by 25% (1.25 cents) compared to the first interim dividend paid out last year for these shares which was 5 cents per B class share. The Board made the decision to increase the dividend rate for B class shares as a step towards making the dividend rate the same for both classes of shares. Further increases in the dividend rate for B class shares in the future will be considered by the Board subject to an annual review of actual business results and growth expectation. In accordance with the SPSE rules on dividends declaration and payments, the FHL Shareholders register will close on 22nd April 2010 and dividend payment release to our shareholders on 30th April 2010.
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