PETALING JAYA: LBS Bina Group Bhd has proposed a first and final single-tier dividend of 1.45 sen per share for the financial year ended Dec 31,2020.
The total dividend payout amounts to approximately RM22.6mil, it said in a statement yesterday. The dividend will be payable on Sept 22,2021 to shareholders whose names appear in the Record of Depositors on Aug 27,2021.
“Our dividend policy is 30% payout of our earnings. We have consistently paid out dividends and will strive to uphold this practice as we continue to grow our business. We look forward to carrying out our strategic plans, ” it said.