JELEBU, July 8 – Felcra Bhd today announced an interim dividend distribution of RM135.6 million for the first half of 2014 to 77,510 participants throughout the country. Rural and Regional Development Minister Datuk Seri Mohd Shafie Apdal said the dividend will be distributed in stages from tomorrow.
“I hope the participants will use this dividend to benefit them, not just to prepare for Hari Raya But also as a saving for the future,” he added. He told reporters this at a ceremony to declare the interim dividend and also to break fast at the Masjid Felcra Lakai near here today. Also present was Felcra chairman Datuk Bung Mokhtar Radin.
Mohd Shafie described the dividend as one that was very encouraging and a pay out ratio of 70 per cent on the back of the net profit up to May of RM193.7 million. For the same period of last year, the interim dividend was RM105 million.
– BERNAMA
