Smartgroup (ASX:SIQ) declare a fully franked dividend 21.5 cents

Company News

by Rachael Jones

The Smartgroup (ASX:SIQ) today reported its financial results for the full year ended 31 December 2019 and declared fully franked final dividend of 21.5 cents.

The specialist employee management services provider also reports that profit after tax, was up 4 per cent to $81.0 million and revenue by 3 per cent to $249.8 million.

Smartgroup’s Managing Director and CEO Deven Billimoria says “this result is particularly pleasing in the context of some industry headwinds.”

Shares in Smartgroup (ASX:SIQ) closed 0.3 per cent lower yesterday at $6.72.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.