tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Spheria Emerging Companies Announces Highest Quarterly Dividend and Plans Monthly Payouts

Story Highlights
Spheria Emerging Companies Announces Highest Quarterly Dividend and Plans Monthly Payouts

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Spheria Emerging Cos. Ltd. ( (AU:SEC) ) has issued an announcement.

Spheria Emerging Companies Limited has announced a quarterly fully franked dividend of 3.8 cents per share, marking the highest quarterly dividend paid by the company to date. The company plans to transition to monthly dividends, reflecting its commitment to providing consistent returns to shareholders. Despite recent underperformance compared to the Small Ords index, Spheria remains confident in its long-term strategy of investing in smaller, fundamentally strong companies. The company’s dividend reinvestment plan is available for shareholders, and the total dividends since its IPO in December 2017 have reached 73.0 cents per share.

More about Spheria Emerging Cos. Ltd.

Spheria Emerging Companies Limited operates in the investment management industry, focusing on smaller companies that are highly cash generative, well managed, and conservatively geared. The company aims to provide superior returns through strategic investments in these smaller entities.

Average Trading Volume: 64,187

Technical Sentiment Signal: Buy

For detailed information about SEC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1