Amalgamated Telecom Holdings Limited has declared an interim dividend of $12.66 million or 3 cents per share.
In a statement it says the interim dividend is based on the ATH Groups performance for the year ended 30th September 2009, in which an interim and unaudited consolidated net operation profit after tax and minority interest of $9.3 million was recorded.
The declaration of the interim dividend is in accordance with the company's dividend policy, however a 25% reduction on the interim dividend that was paid for the previous half year ended 30th September.
It goes on to say that the reduction in payment is in line with forecast that profit for the full year ending 31st March 2010 will be lower than that was achieved for the full same period last year.
ATH's 889 shareholders will receive their share of the interim divided on the 3rd of March.
ATH declares dividend of $12.66m
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