Hayleys announces six-year high Rs. 5.35 interim dividend

Hayleys PLC yesterday announced a six year high Rs. 5.35 per share interim dividend for FY23.Payment is on 10 April and XD is 24 March.

Last year the interim dividend was Rs. 4 per share whilst the highest ever interim dividend by Hayleys was for FY17 worth Rs. 7.50 per share.



Most diversified blue chip Hayleys full year results for FY23 are pending. In the first nine months Hayleys reported a consolidated pre-tax profit of Rs. 36.5 billion up by a massive 88% from a year ago and in the process overtook the best ever figure of Rs. 35.7 billion achieved in full FY22.

After tax profit grew by a healthy 66% to Rs. 24.3 billion from a year ago but slightly below Hayleys’ 144-year history’s best ever figure of Rs. 28 billion posted in full FY22.

Net profit attributable to owners of the parent rose by 53% to Rs. 14.5 billion. However, it is trailing behind full FY22’s performance of Rs. 18.25 billion.