Australia-based PSC Insurance Group Ltd.'s board approved a final, fully franked dividend of 5.2 Australian cents per share for the financial year ended June 30.
This is up from the final, fully franked dividend of 4.5 cents per share a year earlier. The ex-dividend date for the 2019 dividend is Sept. 17, while the record date is Sept. 18.
The payment date is Oct. 16. The company also announced a dividend reinvestment plan. Shareholders have until Sept. 19 to apply to participate.
Net profit from continuing operations for the year ended June 30 fell to A$25.4 million from A$27.8 million a year ago.
