Malaysia Smelting Corporation Berhad announced that for Fiscal year 2023 the board has proposed a final single-tier dividend of 7 sen per share for the quarter under review, subject to shareholders' approval at the Group's forthcoming Annual General Meeting. Total dividend per share for Fiscal year 2023 amounts to 14 sen, representing a 69% payout based on Fiscal year 2023 net profit as compared to previous years payout of between 23% to 30%.