KUALA LUMPUR – Top Glove Corp Bhd is committed to a 20% special dividend to reward its shareholders, in consideration of its good profit performance and strong cash flow.
In a statement today, the world’s biggest glove-maker said this is in addition to its existing dividend policy of a 50% dividend payout ratio on profit after tax and minority interests (PATAMI), for the second quarter of financial year 2021 (Q2 2021) to Q4 2021 ending August 31, 2021.
As at 4pm today, Top Glove was one of the most actively traded counters on Bursa Malaysia. However, its share price fell 50 sen to RM5.62 with 323.48 million shares changing hands. – Bernama, January 4, 2021
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