Dividends and other shareholder distributions
On 11 January 2017, SIngtel paid an interim dividend of 6.8 cents per share (H1FY2016: 6.8 cents per share), totalling approximately S$1.11 billion, representing 57% of underlying net profit for the half-year ended 30 September 2016.
For the financial year ended 31 March 2016, Singtel paid a total ordinary dividend of 17.5 cents per share (FY2015: 17.5 cents per share), comprising an interim dividend of 6.8 cents and final ordinary dividend of 10.7 cents per share. The interim and final dividends were paid in January 2016 and August 2016 respectively and amounted to S$2.79 billion, representing a payout ratio of 73% of underlying net profit for the financial year ended 31 March 2016.
Singtel's dividend payout ratio is between 60% to 75% of underlying net profit. The Group remains committed to an optimal capital structure and investment grade credit ratings, while maintaining financial flexibility to pursue growth.
History of dividends and other distributions to shareholders
Singapore cents per share
|Financial year ended 31 March||2006||2007||2008||2009||2010||2011||2012||2013||2014||2015||2016||2017|
|Interim ordinary dividend||-||4.5||5.6||5.6||6.2||6.8||6.8||6.8||6.8||6.8||6.8||6.8|
|Final ordinary dividend||10.0||6.5||6.9||6.9||8.0||9.0||9.0||10.0||10.0||10.7||10.7|
|Other distributions**||13.7||-||-|| -
* The figures shown above are gross amounts, shown in Singapore cents per share, before deduction of applicable Singapore corporate tax. All dividends paid after the FY2007 interim ordinary dividends are one-tier exempt dividends without tax credits.
** Singtel undertook capital reduction exercises in 2004 and 2006.