Dividend Policy

The Company's general dividend policy is to pay dividends at levels consistent with the Company's growth and development plans, while maintaining a reasonable level of liquidity. Pursuant to this policy, the Board of Directors intends to recommend to the General Meeting of Shareholders that up to 50% of audited net profits be distributed as a dividend going forward. All shares carry full and identical rights to dividend, if and when declared, from the date they are acquired.

Dividend paid for financial year

Year Total dividend

Dividend

per share

Record date Payout date Dividend yield

2023

USD 16,650,000

USD 11,100,000*

Total: USD 27,750,000

USD 0.30

USD 0.20

2024-06-17

2023-11-27

2024-06-27

2023-12-07

 

7.79%

 

2022

USD 13,875,000

USD 11,100,000*

Total: USD 24,975,000

USD 0.25

USD 0.20

 

2023-06-26

2022-11-17

2023-07-06

2022-12-01

 

7.74% 

 

2021

USD 5,550,000

USD 11,100,000*

Total: USD 16,650,000

USD 0.10

USD 0.20

 

2022-05-16

2021-11-18

2022-05-26

2021-12-02

 

6.83% 

 

2020

USD 11,100,000

USD 5,550,000*

Total: USD 16,650,000

USD 0.20

USD 0.10

 

2021-05-17

2020-12-07

2021-05-27

2020-12-17

 

8.38% 

 

2019

USD 4,162,500

USD 3,330,000*

Total: USD 7,492,500

 

USD 0.135

2020-05-21

2019-12-09

2020-06-04

2019-12-19

 

15.61% 

 

2018

USD 2,775,000

USD 2,775,000*

Total: USD 5,550,00

 

USD 0.10

 

2019-05-21

2018-12-07

2019-06-04

2018-12-20

 

13.98 %

2017 USD 3,330,000 USD 0.06 2018-05-17 2018-06-12 6.41%
2016 USD 1,665,000 USD 0.03 2017-06-21 2017-07-14 4.49%
2013 USD 3,330,000 USD 0.06 2014-06-18 2014-07-03 4.48%
2012 USD 2,775,000 USD 0.05 2013-06-15 2013-06-22 3.08%

* The interim dividend