KUALA LUMPUR: Berjaya Sports Toto Bhd (BToto), which saw its second quarter net profit jump by 62%, has also bumped up its dividend payment.
The number forecast operator yesterday declared a dividend per share of eight sen for 2QFY12 ended Oct 31. BToto has so far declared dividends of 16 sen per share for FY12 ending April 30, which is more than its earnings per share (EPS) of 14.79 sen.
“This will bring the total dividend distribution for the financial period ended Oct 31, 2011 to about RM213.7 million, representing about 108.1% of the attributable profit of the group for this financial period,” BToto said in its financial results announcement.
BToto’s net profit went up to RM105.67 million or 7.9 sen from RM65.08 million or 4.87 sen last year due to better luck factor despite fewer draws during the quarter. The company had a high prize payout in the previous corresponding period.
EPS stood at 14.79 sen, while net assets per share was 38 sen. The stock shed one sen to close at RM4.11 yesterday.
The number forecast operator yesterday declared a dividend per share of eight sen for 2QFY12 ended Oct 31. BToto has so far declared dividends of 16 sen per share for FY12 ending April 30, which is more than its earnings per share (EPS) of 14.79 sen.
“This will bring the total dividend distribution for the financial period ended Oct 31, 2011 to about RM213.7 million, representing about 108.1% of the attributable profit of the group for this financial period,” BToto said in its financial results announcement.
BToto’s net profit went up to RM105.67 million or 7.9 sen from RM65.08 million or 4.87 sen last year due to better luck factor despite fewer draws during the quarter. The company had a high prize payout in the previous corresponding period.
EPS stood at 14.79 sen, while net assets per share was 38 sen. The stock shed one sen to close at RM4.11 yesterday.
