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Vitura Health Declares Third Dividend Amid Strong Financial Performance

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Vitura Health Declares Third Dividend Amid Strong Financial Performance

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An update from Cronos Australia Ltd. ( (AU:VIT) ) is now available.

Vitura Health Limited has announced its third fully franked dividend of 0.2 cents per share, totaling approximately $1.32 million. The company reported revenues of $124 million and a net profit after tax of $3.1 million for FY2025, marking it as a profitable player in the medicinal cannabis industry. Vitura is also offering a Dividend Reinvestment Plan, allowing shareholders to acquire additional shares at a discount, reflecting its commitment to enhancing shareholder value and continuing its growth strategy.

The most recent analyst rating on (AU:VIT) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Cronos Australia Ltd. stock, see the AU:VIT Stock Forecast page.

More about Cronos Australia Ltd.

Vitura Health Limited is a leading digital health platform in Australia, focusing on traditional and emerging therapies, particularly in the medicinal cannabis space. It is one of the few ASX-listed companies in this sector to generate a profit and declare dividends.

Average Trading Volume: 243,037

Technical Sentiment Signal: Sell

Current Market Cap: A$45.03M

Find detailed analytics on VIT stock on TipRanks’ Stock Analysis page.

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