Lotte Chemical’s dividend for FY20 at 3.27 sen

In a statement, it said the dividend will amount to a total payout of about RM74.3mil or a 50% payout ratio on its profit after tax and minority interests for FY20. It did not declare a dividend then when it announced the results on Jan 27.(File picture shows part of the Lotte Chemical Plant in Johor.)

KUALA LUMPUR: Lotte Chemical Titan (LCT) Holding Bhd has declared a dividend of 3.27 sen per share for the financial year ended Dec 31,2020 (FY20) and remains upbeat for this year as product prices are on an upward trend.

In a statement, it said the dividend will amount to a total payout of about RM74.3mil or a 50% payout ratio on its profit after tax and minority interests for FY20. It did not declare a dividend then when it announced the results on Jan 27.