ST Engineering (SGX:S63) said that the company has proposed to increase the total dividend to SG$0.0018 per share for 2025 due to robust retained earnings and a strong five-year outlook, according to a Tuesday filing with the Singapore Exchange.
The company has proposed an interim dividend of SG$0.04 per share for each of the first three quarters and a final dividend of SG$0.06 per share which will be subject to shareholder approval at the 2026 annual general meeting.
Shares of the company were up nearly 2% in recent trading.
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