Colombo, 31 August 2026 – CEYLON TEA BROKERS PLC (CSE: CTBL) has announced its final dividend payment for the financial year ended 31st March 2026. The Board of Directors, through a resolution passed today, 31st August 2026, approved a final dividend of Fifty Cents (Rs. 0.50) per share, bringing positive news to its investors.
The announcement, made public through the Colombo Stock Exchange (CSE), confirms that this is a gross dividend and will be subject to applicable Withholding Tax.
Key Dividend Dates and Details for Investors
Investors should take note of the following critical dates and information regarding the dividend distribution:
- Dividend Per Share: Rs. 0.50 (Fifty Cents)
- Financial Year: Ended 31st March 2026
- Ex-Dividend Date: 9th September 2026
- Record Date: 10th September 2026
Shareholders who have provided accurate dividend disposal instructions will have their payments directly credited to their respective bank accounts on 15th September 2026. For those who have not provided such instructions, dividend payment cheques will be dispatched on 28th September 2026.
Shareholder Approval and Solvency Confirmation
In line with Article 129 of the Company’s Articles of Association, the Directors are empowered to approve the payment of dividends, whether interim or final, without requiring an ordinary resolution from shareholders. Therefore, this dividend payment is not subject to further shareholder approval.
The dividend payment, however, remains subject to the Company obtaining a Certificate of Solvency from its Auditors. This is a standard regulatory requirement under Section 56 of the Companies Act No. 7 of 2007. CEYLON TEA BROKERS PLC has confirmed its ability to satisfy the solvency test immediately after the dividend distribution and has undertaken to submit the Auditors’ Certificate of Solvency to the Colombo Stock Exchange prior to the dispatch of the dividend.
The company also stated that the transfer books of CEYLON TEA BROKERS PLC will not be closed in relation to this dividend payment.
This final dividend declaration reflects CEYLON TEA BROKERS PLC’s commitment to delivering value to its shareholders and underscores its financial performance during the past fiscal year.
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