JKH declares 2nd interim dividend worth Rs. 659 m

Friday, 6 November 2020 00:27 - - {{hitsCtrl.values.hits}}

Given the faster-than-anticipated recovery following the resumption of business activity in the country and the strong growth momentum witnessed across the Group businesses, with the exception of Leisure, John Keells Holdings has declared a second interim dividend of Rs. 0.50 per share to be paid on or before 7 December 2020.

The second interim dividend payout will be Rs. 659 million

“The declaration of this dividend reflects the cash generation capability of the Group’s diverse portfolio of businesses,” Chairman Krishan Balendra said. The Group declared a first interim dividend of Rs. 0.50 per share which was paid in August 2020.

“The Group will follow its dividend policy which corresponds with the growth in profits, whilst ensuring that the Company maintains adequate funds to ensure business continuity given the unprecedented nature of the current circumstances,” Balendra added.

JKH sees quicker recovery despite lost leisure

JKH sees 2 new shareholders in top 20; Rusi moves up to 8th place from 16th