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Pollard Banknote Announces Dividend Hike After Record Year
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Pollard Banknote Announces Dividend Hike After Record Year

Pollard Banknote (TSE:PBL) has released an update.

Pollard Banknote Limited has announced a significant 25% increase in their dividend rate following a record-breaking financial performance with annual revenues reaching $520.4 million, a 7.6% rise from the previous year. The company’s fourth-quarter results were particularly strong, with revenues hitting $135.5 million and income from operations climbing to $14.0 million. Additionally, Pollard’s iLottery operations and instant ticket margins saw substantial growth, contributing to a robust overall financial year.

For further insights into TSE:PBL stock, check out TipRanks’ Stock Analysis page.

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