Jardine Cycle & Carriage Limited proposed the payment of a final one-tier tax exempt dividend of 83 US cents per share for the year ended 31st December 2022 as recommended by the Directors. Together with the interim dividend, it produced a total dividend of 111 US cents per share, which was 39% higher than the total dividend per share of the previous year. The amount represented a dividend payout ratio of 40% against the Company's underlying profit, which was the same payout ratio as the previous year.