Dividends

Dividends and other shareholder distributions

For the financial year ended 31 March 2016, Singtel paid a total ordinary dividend of 17.5 cents per share (FY2015: 17.5 cents per share), comprising an interim dividend of 6.8 cents and final ordinary dividend of 10.7 cents per share.  The interim and final dividends were paid in January 2016 and August 2016 respectively and amounted to S$2.79 billion, representing a payout ratio of 73% of underlying net profit for the financial year ended 31 March 2016.

 

 


Dividend Policy

Singtel's dividend payout ratio is between 60% to 75% of underlying net profit. The Group remains committed to an optimal capital structure and investment grade credit ratings, while maintaining financial flexibility to pursue growth.  

 

 


History of dividends and other distributions to shareholders

Singapore cents per share

 

Financial year ended 31 March 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Interim ordinary dividend  -  -  4.5  5.6  5.6  6.2  6.8  6.8  6.8  6.8  6.8  6.8
Final ordinary dividend  8.0  10.0  6.5  6.9  6.9  8.0  9.0  9.0  10.0  10.0  10.7  10.7
Special dividend  5.0  -  9.5  -  -  -  10.0  -  n/a  n/a  n/a  n/a
Other distributions**  -  13.7  -  -
 -  -  -  -  n/a  n/a  n/a  n/a
Total  13.0  23.7  20.5  12.5  12.5  14.2  25.8  15.8  16.8  16.8  17.5  17.5
                         

* The figures shown above are gross amounts, shown in Singapore cents per share, before deduction of applicable Singapore corporate tax. All dividends paid after the FY2007 interim ordinary dividends are one-tier exempt dividends without tax credits.
** Singtel undertook capital reduction exercises in 2004 and 2006.

 

To learn more about Singtel's past capital management initiatives - see  Capital Reduction 2006 and  Capital Reduction 2004.