Spheria Emerging Cos. Ltd. (AU:SEC) has released an update.
Spheria Emerging Companies Limited has announced a quarterly fully franked dividend of 3.4 cents per share, payable on 13 August 2024, an increase from prior dividends due to a new target set in June. Amid challenging market conditions and a downturn in the small cap index, the company remains focused on investing in undervalued cyclically exposed companies. Shareholders have the option to participate in the dividend reinvestment plan by enrolling by 25 July 2024.
For further insights into AU:SEC stock, check out TipRanks’ Stock Analysis page.