The department store chain posted its best profit since 2014, providing investors with a 4¢ dividend and a 4¢ special dividend.
Department store Myer Holdings has rewarded long time suffering shareholders with a 4¢ interim dividend as well as a 4¢ special dividend after posting a more than 100 per cent surge in bottom-line net profit in the first half.
Myer chief executive John King and chief financial officer Nigel Chadwick. The duo reported the highest profit since first half of 2014 on Thursday. “Our strong omni-channel offer continues to give us the ability to capture the opportunities that pure plays simply cannot, with strong growth in our store sales reflecting the re-balancing of sales post lockdowns, a return to CBD growth and a robust online business providing synergies in both digital and physical environments.”
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