F&N serves up bumper dividend

The food and beverage player declared a dividend of 50 sen per share for its fourth quarter.

PETALING JAYA: With a bumper dividend to commemorate its 140th anniversary, Fraser & Neave Holdings Bhd (F&N) has announced its strongest quarterly dividend in 12 years as its net profit surged by almost 40%.

The food and beverage (F&B) player declared a dividend of 50 sen per share in the fourth quarter ended Sept 30, comprising a final dividend of 33 sen and an additional special dividend of 17 sen.