KUALA LUMPUR: HSS Engineers Bhd

has announced a final single-tier dividend of 1.21 sen per share in respect of the financial year ended Dec 31, 2023 (FY23), a significant increase from the previous year’s dividend of 0.92 sen per share.

In a statement, the engineering and project management consultant said the dividend payout is estimated at RM6.2mil or 30% of FY23 net profit, in line with its dividend policy targeted at 30% of annual net profit.