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Singapore Post to enhance dividend policy
[SINGAPORE] Singapore Post Limited has announced that the company will enhance its dividend policy from financial year ending March 31, 2016, aiming to make a total annual dividend payout of 7 cents per share to be paid on a quarterly basis.
Its Board has recommended a special dividend of 0.75 cents per share in respect of the financial year ended March 31, 2015, to raise the proposed total annual dividend from 6.25 cents per share to 7 cents per share.
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