April 4, 2023
Pulse Investments Limited (PULS) has advised that the following is the Company’s dividend policy:
- The company is committed to providing an annual return to shareholders in the form of a dividend payment.
- Dividend paid will be in an amount that reflects the performance of the company in any given year, as well as the cash needs required for future company development.
- Dividend shall be no less than 15% of the cash portion of the company’s net profits for any given year, subject to item 2 above.
- Dividend payments will also be subject to compliance with existing financial covenants related to any bond or other loans advanced to the company.
Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.