STO AGM approves MVR 85 per‑share dividend

2 weeks ago

State Trading Organization (STO) has approved a dividend of MVR 85 per share from last year’s profit. STO paid MVR 80 per share for the past two years. This year’s dividend is therefore an increase of MVR 5 compared to the previous two years. The Annual General Meeting approved the MVR 85 dividend with 99 percent support from the 263 shareholders represented