Scales lifts dividend for 2016, upbeat on this year's outlook

Tue, 02 May 2017

By Paul McBeth May 2 (BusinessDesk) - Scales Corp lifted its final dividend for 2016, when earnings were bolstered by a series of acquisitions, and is optimistic about the coming year even without earlier tailwinds. The Christchurch-based company's board declared a final dividend of 10 cents per share, payable on July 7 with a June 28 record date. That takes the annual shareholder payout to 18 cents, eclipsing the 17 cents paid from 2015 which included a 4 cents per share special dividend. Earlier this year Scales posted a 6 percent...

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