News SPX

SPX-listed companies declare $43M in dividends, up 116% from Jan–April 2024

SPX-listed companies declare $43M in dividends, up 116% from Jan–April 2024

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

CFL radio frequencies
LIVE SCORES
Man City 3–0 Palace Full Time
Aston Villa 4–2 Liverpool Full Time
Sunderland 0–0 Man United Full Time
Bula FC 0–1 South Island United Full Time
Bula FC 0–2 Auckland FC Full Time
Bula FC 0–2 South Melbourne FC Full Time
Chiefs 42–12 Highlanders FULL TIME
Fijian Drua 35–50 Waratahs Full Time
Blues vs Hurricanes 7:05PM
Sharks 38–16 Bulldogs Full Time
Rabbitohs 10–32 Dolphins Full Time
West Tigers vs Sea Eagles 5:00PM