Companies listed on the South Pacific Stock Exchange have collectively declared $43 million in dividends from January to April this, continuing a strong trend of delivering shareholder value.
They say this reflects a 116 percent increase compared to the same period in 2024, when they declared dividends totaled $19.95 million.
SPX says the amount declared so far in 2025 has already surpassed half of the $76 million paid out across the entire 2024 calendar year — SPX’s highest annual dividend payout on record.
SPX CEO Sheraj Obeyesekere says the Fijian stock market has long demonstrated a strong culture of rewarding shareholders through consistent dividend payments.
He says in addition to capital gains, where investors benefit by selling shares at a higher price than they purchased, dividends form a key part of the return for investors.
Obeyesekere says the Fijian market benefits from companies that regularly prioritize shareholder returns.
He adds as of the end of 2024, companies listed on SPX have paid out over $1 billion in dividends since the year 2000, highlighting the market’s long-term value for investors.
The SPX CEO is encouraging the Fijian public to invest in the stock market and benefit from long-term returns.
Dividends are payments made by a company to its shareholders, typically drawn from its profits.
They serve as a way for companies to share a portion of their earnings with investors, providing a return on their investment.
Stay tuned for the latest news on our radio stations
