KUALA LUMPUR: Shareholders of Astro Malaysia Holdings Bhd can expect progressive dividend payments in the future, banking on its strong cash-generating business and its stance for a 75% minimum payout rate.
Astro announced a dividend payment of 1.5 sen for the fourth quarter result ended Jan 31, 2013 and a final dividend of 1 sen that is subject to shareholders' approval at the upcoming AGM in July. This brings Astro's full-year dividend payment for the financial year ended Jan 31, 2013 to 4 sen.
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