Tradehold Limited Declares Gross Cash Dividend for the Year Ended February 2020, Payable on 15 June 2020
May 21, 2020 at 09:40 am EDT
Tradehold Limited announced that board initially anticipated declaring a gross cash dividend of 60 cents per ordinary share (2019: 55 cents) for the 12 months to February 2020. In the light of the great uncertainty brought about by the pandemic since year-end and the consequent need to preserve cash, the board has decided to declare a gross cash dividend of 30 cents per ordinary share on 21 May 2020. Depending on the results achieved in the six months to 31 August, the board may then declare an interim dividend, which will also mark the first time Tradehold has declared an interim dividend. Record date is 12 June 2020. Date of payment to shareholders is on 15 June 2020. Date trading commences ex dividend is 10 June 2020.