Dividends

Dividends and other shareholder distributions

For the financial year ended 31 March 2015, Singtel paid out a final ordinary dividend of 10.7 cents (FY2014: 10.0 cents) per share on 19 August 2015, totalling approximately S$1.71 billion.

Together with the interim dividend of 6.8 cents (FY2014: 6.8 cents) per share amounting to S$1.08 billion paid in January 2015, the total ordinary dividends for the year is 17.5 cents (FY2014: 16.8 cents) per share, an increase of 4% from the previous year.  This represents a total payout of S$2.79 billion or 74% of the Group's underlying net profit.

 


Dividend Policy

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 2004 2005 2006 2007 2008 2009 2010 2011 2012 201320142015
Interim ordinary dividend  -  -  -  4.5  5.6  5.6  6.2  6.8  6.8  6.8  6.8  6.8
Final ordinary dividend  6.4  8.0  10.0  6.5  6.9  6.9  8.0  9.0  9.0  10.0  10.0  10.7
Special dividend  -  5.0  -  9.5  -  -  -  10.0  -  n/a  n/a  n/a
Other distributions**  16.9  -  13.7  -  -
 -  -  -  -  n/a  n/a  n/a
Total  23.3  13.0  23.7  20.5  12.5  12.5  14.2  25.8  15.8  16.8  16.8  17.5
                         

* 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.

To learn more about Singtel's past capital management initiatives - see  Capital Reduction 2006 and  Capital Reduction 2004.