Orchard Scotts Residences Cabana

Dividends

Dividend Policy

The Company is committed to achieving sustainable income and long-term capital growth for the benefit of shareholders. This means the Company will balance the retention of profits for future investments with the distribution of profits as dividend payments to shareholders.

The Company will strive to provide consistent and sustainable ordinary dividend payments to its shareholders on an annual basis. In considering any recommendation for dividend payment and any appropriate level of dividend, the Board will take into consideration various factors including but not limited to the Group’s level of cash, gearing, retained earnings, actual and projected financial performance, capital requirements, strategic plans, general economic conditions and outlook. Any declaration of dividends by the Company will be tabled at the Company’s Annual General Meeting for shareholders’ approval.

The Company has a scrip dividend scheme. If the scrip dividend scheme is applied to any dividend, payment will be made in compliance with the Listing Rules.

The Board will review and refresh this dividend policy from time to time.

Latest Dividend Details

Dividend Declared for FY2023

Final Dividend : 4 cents
Last Day of Trading on "cum" Basis : 15 May 2024
Ex-Date : 16 May 2024
Record Date : 5 p.m., 17 May 2024
Dividend Payment Date : On or about 5 July 2024
Dividend History
Financial Year Ex-Date Payment Date Dividend Per Share (Cents) Type
2022 10 May 2023 28 June 2023 3.0 + 1.0 First and Final, Special
2021 10 May 2022 28 June 2022 3.0 First and Final
2020 17 May 2021 7 July 2021 3.0 First and Final
2019 16 Jul 2020 4 Sep 2020 6.0 First and Final
2018 14 May 2019 3 Jul 2019 6.0 First and Final
2017 14 May 2018 4 Jul 2018 6.0 First and Final