Dividends and other shareholder distributions
Singtel paid an interim dividend of 6.8 cents per share (paid on 10 January 2020) for the financial year ending 31 March 2020. The board has also proposed a final dividend of 5.45 cents per share bringing the total dividend per share to 12.25 cents for the financial year ended 31 March 2020, amounting to approximately S$2.0 billion.
Singtel is committed to delivering dividends that increase over time with growth in underlying earnings, while maintaining an optimal capital structure and investment grade credit ratings.
The Group has not guided on its new dividend policy for the financial year ending 31 March 2021. The COVID-19 pandemic has cast uncertainties over economic activities and the Group's businesses. We will update the market at the appropriate time; once there is improved clarity in the operating environment and the Group's prospects.
History of dividends and other distributions to shareholders
Singapore cents per share
|Financial year ended 31 March||2009||2010||2011||2012||2013||2014||2015||2016||2017||2018||2019||2020|
|Interim ordinary dividend||5.6||6.2||6.8||6.8||6.8||6.8||6.8||6.8||6.8||6.8||6.8||6.8|
|Final ordinary dividend||6.9||8.0||9.0||9.0||10.0||10.0||10.7||10.7||10.7||10.7||10.7||5.45|
|Other distributions**||-||-||-|| -
* 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.