Stock Track | ISDN Soars 4.03% Intraday Following Dividend and Scrip Dividend Announcement

Stock Track

07/09

ISDN's stock price surged 4.03% during intraday trading on Thursday, marking a significant upward movement for the Singapore-listed company.

The price increase follows the company's announcement of a first and final dividend of S$0.0053 per share for FY2025. Shareholders have the option to elect new shares under ISDN's scrip dividend scheme, with the issue price set at S$0.65 per share for Singapore shareholders and HK$3.93 for Hong Kong shareholders.

The dividend announcement and scrip scheme provide shareholders with additional value and flexibility in how they receive their returns, potentially contributing to positive investor sentiment and the stock's performance during the trading session.

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