Spheria Emerging Cos. Ltd. (AU:SEC) has released an update.
Spheria Emerging Companies Limited (SEC) has announced a fully franked quarterly dividend of 3.0 cents per share, payable on May 7, 2024. The dividend aligns with the company’s target payout and is based on its post-tax NTA as of March 31, 2024. SEC’s investment manager remains committed to investing in profitable, cash-generating businesses despite recent market rallies favoring unprofitable companies.
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