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One of Fiji’s major supermarket chain RB Patel Group has paid $2.1 million in interim dividend to its shareholders.
This second interim dividend for the current financial year is paid out at the rate of $1.82 per share, bringing the total dividend paid to-date for the year to $3.3 million.
Company secretary Surendra Patel said RB Patel was the only supermarket listed on the South Pacific Stock Exchange, “which gives us the unique opportunity to direct the profits back to the local community”.
Majority of RB Patel shares are held by institutional investors representing a wide cross section of the community, including Fijian Holdings Ltd, Fijians’ Trust Fund, Yasana Holdings Ltd, Fiji National Provident Fund, Unit Trust of Fiji and various other institutional and retail investors.
