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STO Approves MVR 80 per Share Dividend: Highest Payout in 17 Years

State Trading Organization (STO) approved an MVR 80 per share dividend for 2023 at its annual general meeting, its highest payout in 17 years. The company posted a profit of MVR 818 million after taxes for 2023, up 12 percent from MVR 728 million in 2022, while revenue declined due to falling global fuel prices.

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Sources 1carried it 1 of 19 news outlets we monitor
Figures5as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

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Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

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  • MVR 80 per share Dividend per share approved for 2023 Maldives Republic State Trading Organization (STO) has approved the disbursement of MVR 80 per share as dividends for 2023, marking the company's highest dividend payout over the past 17 years.

    Word for word from the report in Maldives Republic. Open the report

    Earlier reports gave MVR 3.27 per share 8 Mar, 21:43 Maldives Republic

  • MVR 818 million Profit after taxes Maldives Republic STO posted a profit of MVR 818 million after taxes for the financial year 2023, marking a 12 percent increase from MVR 728 million in 2022.

    Word for word from the report in Maldives Republic. Open the report

  • 12 percent Profit growth year-on-year Maldives Republic STO posted a profit of MVR 818 million after taxes for the financial year 2023, marking a 12 percent increase from MVR 728 million in 2022.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 728 million Profit after taxes Maldives Republic STO posted a profit of MVR 818 million after taxes for the financial year 2023, marking a 12 percent increase from MVR 728 million in 2022.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 77 per share Dividend per share for 2022 Maldives Republic STO also disbursed MVR 77 per share as dividends for 2022.

    Word for word from the report in Maldives Republic. Open the report

    Earlier reports gave MVR 3.04 per share 8 Mar, 21:43 Maldives Republic

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