IHH Healthcare declares second dividend on the back of 91% YoY higher PATMI

PATMI for FY23 was RM3.0b ($849m).

Following improved financial performance for FY23, IHH Healthcare declared a second and final cash dividend of RM0.055 ($0.016) per share to be paid out on 26 April.

The second and final dividend brings the company’s total ordinary dividend for FY23 to RM0.090 ($0.025).

“The total dividend paid out for FY23 amounts to RM0.186 ($0.053) per share, including the RM0.096 ($0.027) special dividend paid at the end of June 2023,” the company said.

In FY23, the company saw a 91% YoY higher PATMI of RM3.0b ($849m). 

IHH Healthcare attributed its improved PATMI to “strong operational performance and included one‐off gains from the sale of International Medical University.”