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MoneyMax Financial Services Ltd. ( (SG:5WJ) ) has provided an announcement.
MoneyMax Financial Services Ltd. addressed shareholder inquiries during its AGM, clarifying its stance on share buybacks and dividend payouts. The company stated that a share buyback mandate would be considered if it aligns with market conditions and shareholder interests. Despite a reduction in the dividend payout ratio to 16% for FY2024, the company increased its dividend per share compared to FY2023, reflecting a strategic decision amidst market comparisons.
More about MoneyMax Financial Services Ltd.
MoneyMax Financial Services Ltd. operates in the financial services industry, primarily focusing on pawnbroking and related financial services. The company is listed on the Singapore Exchange and serves a market that includes both local and regional stakeholders.
YTD Price Performance: 31.25%
Average Trading Volume: 80,754
Technical Sentiment Signal: Sell
Current Market Cap: S$179.1M
For an in-depth examination of 5WJ stock, go to TipRanks’ Stock Analysis page.