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PBT grows by 29.8% in FY 18: Adacel Technologies Limitedâs (ASX:ADA) stock rose 1.8% on August 27, 2018 after the company for FY 18 delivered 29.8% rise in Profit before tax (PBT) to A$10.2 million and 25% growth in revenue from continuing operations.
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The company is engaged in developing and selling simulation and software applications and services for the civil and military aerospace sectors in the United States, Canada, and Australia. ADA has declared a final ordinary dividend for the year 2018 of 2.5 cents per share (unfranked) and a special dividend of 5.0 cents per share (unfranked), which takes the total dividends for the year to 9.5 cents per share. Meanwhile, ADA stock has fallen 2.64% in three months as on August 24, 2018 and is trading at a P/E of 14.55x.
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a companyâs prospect.
One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkineâs team of analysts bought you handpicked report for âTop 25 Dividend Stocks For 2018.â
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