Dividends

Dividends

The Company has historically paid dividends and intends to continue doing so. The Board's policy is to pay out at least 50 per cent of retained earnings by way of dividend. The Directors will continue to monitor the level of cash retained within the business as well as investment opportunities available to the Group and, from time to time, review the continued appropriateness of such policy

XLMedia dividends as a public company:

Ex DateRecord DatePayment DateAmount per Share (Cent $)Total Amount
16/03/2017 17/03/2017 07/04/2017 3.7864₵ $7,500,000
01/10/2016 07/10/2016 04/11/2016 3.8205₵ $7,500,000
28/01/2016 29/01/2016 26/02/2016 2.4956₵ $5,000,000
01/10/2015 02/10/2015 30/10/2015 2.595₵ $5,000,000
09/04/2015 10/04/2015 08/05/2015 1.576₵$3,000,000
24/09/2014 26/09/2014 31/10/2014 1.58₵ $3,000,000
23/05/201425/05/2014 12/06/2014 2.768₵ $5,250,000

 

Set forth below are the amounts of declared dividends for the years 2013-2016:

YearDividends Paid
2016 $12,500,000
2015 $8,000,000
2014$8,250,000
2013$5,200,000