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GRC Limited Introduces New Dividend Policy to Balance Growth and Shareholder Returns

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GRC Limited Introduces New Dividend Policy to Balance Growth and Shareholder Returns

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OKH Global Ltd. ( (SG:S3N) ) has shared an announcement.

GRC Limited, incorporated in Bermuda, has announced the adoption of a dividend policy aimed at enhancing long-term shareholder value. The policy intends to balance sustainable returns with the need to retain capital for strategic growth and financial resilience. The company plans to propose dividends annually, targeting a payout ratio of around 30% of net profit after tax, while considering profitability, cash flow, and future capital needs. This policy is flexible and subject to change, with dividends requiring shareholder approval at annual meetings.

More about OKH Global Ltd.

Average Trading Volume: 23,642,737

Technical Sentiment Signal: Buy

Current Market Cap: S$304.7M

Learn more about S3N stock on TipRanks’ Stock Analysis page.

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