SPH profit up 44% to $546m

MEDIA group Singapore Press Holdings (SPH) yesterday reported a 44.2-per-cent rise in full-year net profit to $546.3 million, and investors will get to enjoy a special dividend of 11.25 cents per share on top of a final dividend of 10 cents per share.

As SPH shares underwent a one-into-five share split during the financial year, the proposed final payout is actually higher than the previous year's final dividend of 50 cents per share and a special dividend of 30 cents per share.