Spinneys' Dividends Distribution Policy outlines the procedures for distributing dividends, balancing the interests of both the company and its shareholders in compliance with applicable laws. The policy aims to ensure maintaining a consistent high level of dividend pay-out ratio as percentage of profits after tax, and to pay dividends on a semi-annual basis. The Board considers factors such as annual profits, cash flow needs, business requirements, investment opportunities, and market conditions when recommending dividend amounts.
