Payroll provider first PledgeMe firm to pay a dividend

Payroll provider first PledgeMe firm to pay a dividend
Victoria Young
Thankyou Payroll says it will be the first local equity crowd-funded firm to pay a dividend, declaring less than 1.6 cents per share or a total of $100,000. The announcement was made at the payroll provider’s annual meeting today, where the company celebrated 10-year turnover growth from $7,000 in 2010 to $2.8 million in 2020. Last year revenue rose by roughly a third from $2.1 million.   The company promised when it raised funds in 2017 that it would pay a dividend within three years. The company has 6.3 million shares at July 11. At the...

More Markets

Softer market ignores Budget
Markets Market Close

Softer market ignores Budget

Post-Budget, all eyes are on the Reserve Bank's OCR announcement next Wednesday.

Jamie Gray 23 May 2025
Restaurant Brands ‘does not seem to care’: Shareholder
Retail

Restaurant Brands ‘does not seem to care’: Shareholder

At the fiery annual meeting, a shareholder called the Californian market a ‘sinkhole’.

Gregor Thompson 23 May 2025
Channel increases dividend, mulls ASX listing
Infrastructure

Channel increases dividend, mulls ASX listing

Dividend up from 11c to between 12c and 12.5c. 

Ian Llewellyn 23 May 2025
Which small cap is off to Aussie? Plus results, and more
Markets The Small Cap Wrap

Which small cap is off to Aussie? Plus results, and more

PaySauce, Blis, Aroa, Foley Wines, John McMahon, and more.