Commercial Credit announces dividend of Rs. 119 mln
View(s):Commercial Credit & Finance PLC has announced the payment of an Interim Dividend of Rs. 0.50 per share for the financial year 2013/14 amounting to a total of Rs. 119 million. It is scheduled to be paid on 10 October 2013. This follows the capitalisation of reserves effected by the company in March 2013 on the basis of one share for every 10.9 shares held, a company statement said.
Commercial Credit is one of the leading finance companies registered with the Monetary Board of the Central Bank of Sri Lanka, and, has been in existence for over 30 years. According to the interim financial statements issued by the company for the quarter ended 30 June 2013, its total asset base is almost Rs. 20 billion.
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