Sandon Capital’s Stellar Performance Boosts Dividends

Sandon Capital Investments Limited (AU:SNC) has released an update.

Sandon Capital Investments Ltd reports a robust gross investment return of 19.9% for the financial year ending June 2024, resulting in a notable rise in net profit after tax to $14.36 million. The company’s performance has led to a total shareholder return of 20.2% and a declaration of a 2.75 cents per share fully franked final dividend. With its shares trading at an appealing yield of 7.4%, the company highlights its strong profit reserves and the potential for future fully franked dividends.

For further insights into AU:SNC stock, check out TipRanks’ Stock Analysis page.