Scales hikes interim dividend on rising earnings outlook

Tue, 04 Dec 2018

By Paul McBeth Dec. 5 (BusinessDesk) - Scales Corp will pay a bigger interim dividend than a year ago and says it may exceed annual earnings guidance as all its units tracking ahead of 2017. The board declared a fully imputed dividend of 9.5 cents per share, up from 9 cents a year earlier, and said earnings before interest, tax, depreciation and amortisation will be at the top end of will slightly exceed current guidance of between $58-to-$65 million. Scales had previously said it expected earnings to be at the top of that range. Sca...

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