Pro Medicus Conducts FY19 AGM; Declares Dividend of 10.5 cents

  • Nov 19, 2019 AEDT
  • Team Kalkine

Pro Medicus Limited (ASX: PME), recorded a surge in underlying net profit after tax of 83.1% to $22.74 million. During FY19, PME announced several new contracts win in North America.

  • PME remains cash flow positive- cash increased from $25 million to $32 million after paying an increased dividend;
  • The declared dividend of 10.5 cents per share for FY19 depicts an increase of 75% over the previous year;
  • In June 2019 the company was included in the ASX 200, meeting the criteria of market capitalisation and liquidity.

At AEST 01:16PM, the stock was trading at $24.660 per share, down by 5.1% from its previous close.

 

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