Unit Trust to pay out $4.9M in dividend to their 42,031 account holders

Unit Trust to pay out $4.9M in dividend to their 42,031 account holders

By Marika Rasekaseka
Monday 15/01/2024

The Unit Trust Of Fiji has declared that a total sum of $4.9 million in dividends will be paid to their 42,031 account holders and $.6 million will be paid to their 18,549 account holders from today.

They say that this brings the total dividend rate for the year 2023 to 7 cents per unit, the total payout of $9.6 million, which is $4.7 million and $4.9 million for the interim and final dividend respectively.

The 7 cents per unit for 2023 places UTOF in line with their dividend rate for the financial year 2018, before the COVID-19 pandemic.

The Unit Trust also says that its financial performance for the year is currently being audited and is expected to be released to its investors in March.

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