Singtel OPTUS Priorities for FY24
Dividend per share
(S cents)
20
17.5
Total dividends of 14.9 cents
Holistic approach to dividends
Strategic reset
14.9
15
FY23 Total dividends
14.9 cents (▲ 60%)
12.3
10.7
5.01
Dividend yield 5.8%4
10
9.3
5.5
7.5
4.8
5.3
2.4
5
LO
6.8
6.8
5.1
4.5
4.6
0
FY19
FY20
FY21
FY22
FY23
Dividend
payout
101%
81%
71%
80%
80%³
Additional payout²
Final
Interim
Dividend policy
60% & 80% of underlying NPAT
+
Any excess proceeds from capital recycling
after funding growth & repaying debt
1. Payable together with the ordinary dividends in December 2022 & August 2023, to shareholders on Singtel's register at each respective record date.
Additional payout supported by excess proceeds from capital recycling after funding growth initiatives & repaying debt.
2.
3. Ordinary dividend as percentage of FY23 underlying NPAT.
4.
Based on Singtel closing share price of S$2.56 on 24 May 2023.
4
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