Capital Limited proposes a final dividend of 2.4 cents per share

DividendMax Ltd.

Capital Limited proposes a final dividend of 2.4 cents per share

In respect of the year ended December 31, 2021, the Capital Limited Directors propose that a final dividend of 2.4 cents (2020: 1.3 cents) per share be paid to shareholders on 10 May 2022 (2020: 04 May 2021). This final dividend is subject to approval by shareholders at the Annual General Meeting. The proposed final dividend is payable to all shareholders on the Register of Members on 7 April 2022 (2020: 9 April 2021). The total estimated final dividend to be paid is $4.59million (2020: $2.47 million). 

Other financial highlights include:

FY2021 revenue of $226.8 million, up 68% on FY 2020 ($135.0 million)

2021 EBITDA of $73.3 million, up 116.9% on FY 2020 ($33.8 million)

EBITDA margins increased to 32.3% up from 25.0% in FY 2020

Basic earnings per share (including investment gains) of 37.0 cents, up 108.2% on FY 2020 (17.8 cents); and adjusted earnings per share of 19.2 cents, up 141.7% on FY 2020 (7.9 cents)

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