State Trading Organization STO has decided to pay Rf 55 as dividend for each share.
Even though STO has made this announcement, since they have not yet published the annual reports, the total profits made by the company last year is not yet known.
In 2016, STO made 288 million Rufiyaa as profit and the dividend rate was set at 51 Rufiyaa last year.
STO is the largest state owned company and the most profitable state owned company as well.
STO to pay Rf 55 as dividend for each share
