KPS unveils maiden dividend policy

KUALA LUMPUR: Kumpulan Perangsang Selangor (KPS) Bhd’s board of directors has adopted a dividend policy to pay at least 30% of the group’s normalised profit after taxation and minority interest annually.

The policy, which takes effect immediately, serves as a guideline to ensure that future dividends are declared in reflection of the group’s financial position, operating performance, future investment needs, and other factors deemed relevant to the group.