Monday 27 February 2012

Dutch Lady jumps on dividends plan

Dutch Lady Milk Industries Bhd, a dairy-products maker, jumped 6.6 per cent to RM27.50, set for a record close.

The company declared a dividend of 50 sen per share and a special dividend of 80 sen after fourth-quarter profit more than doubled to RM28.4 million from RM10.8 million ringgit a year earlier, according to an exchange filing. - Bloomberg



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