Dividend Policy
First Resources’ dividend payout ratio is up to 50% of underlying net profit, an increase from the 30% previously. The Group remains committed to an optimal capital structure while maintaining flexibility to pursue growth.
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|
| Interim (SGD cents per share) | 2.50 | 2.50 | 1.25 | 1.00 | 0.625 |
| Final (SGD cents per share) | 3.70 | 12.00 | 5.10 | 2.00 | 1.725 |
| Total (SGD cents per share) | 6.20 | 14.50 | 6.35 | 3.00 | 2.350 |
| % of Underlying Net Profit | 50% | 50% | 50% | 37% | 31% |
