This week, Bourse evaluates the most recent results of Republic Bank Limited (RBL) and Angostura Holdings Limited (AHL).
The stocks have enjoyed varying fortunes year-to-date, with RBL’s share price declining 6.5 per cent as at November 6 (from $119.74 to $112.00) despite posting record profits for FY 2015.
AHL’s share price, on the other hand, has climbed 3.7 per cent for the year thus far from $13.50 to $14.00 while also posting improved earnings for the nine months ended 30th September.
For the year ended September 30, 2015 RBL attained Diluted Earnings per Share (EPS) of $7.57; a 2.4 per cent increase from $7.39 generated in 2014.
The company issued a final dividend of $3.10 on November 5, 2015 to shareholders on record as at November 16, 2015. The total dividend for 2015 which stands at $4.35 is $0.10 higher than the FY 2014 of $4.25.
In this fiscal year the company reported its record highest annual profits.
(EXPRESS)
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