tiprankstipranks
Company Announcements

ISOTeam Ltd Updates Dividend Policy with a 30% Profit Distribution Target

Story Highlights
ISOTeam Ltd Updates Dividend Policy with a 30% Profit Distribution Target

The latest announcement is out from ISOTeam Ltd ( (SG:5WF) ).

ISOTeam Ltd has announced a revision to its dividend policy, committing to distribute at least 30% of its consolidated net profit after tax, excluding exceptional items, for future financial years ending June 30. This decision reflects a balance between shareholder expectations and prudent capital management, with dividends being subject to the Board’s discretion, cash reserves, financial performance, and other economic factors.

More about ISOTeam Ltd

ISOTeam Ltd is a company based in Singapore, incorporated in 2012. The company operates in the building maintenance and estate upgrading industry, offering services including repair, redecoration, and eco-friendly solutions to enhance infrastructure and facilities. It primarily focuses on the Singapore market, addressing both public and private sector needs.

YTD Price Performance: 15.00%

Average Trading Volume: 6,302,671

Technical Sentiment Consensus Rating: Hold

Current Market Cap: S$48.8M

For detailed information about 5WF stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1