A total dividend of $39,849. 54 was paid out on Monday to the people of Tailevu by the Tailevu Holdings Pte Ltd (THPL) through its shareholders – the Tailevu Provincial Council (TPC) and Tailevu Dairy Farmers Cooperative Association Limited (TDFCAL).
In a statement, THPL said TPC (55 per cent shareholder) received $21,959. 61 while TDFCAL (45 per cent shareholder) received $17,889. 93 in dividend payments.
“The Board declared an interim dividend of 3 cents per share for the current financial year ended June 30, 2026,” it stated.
“In announcing the dividend payout after considering its six months ending 31 December 2025, board chairman Malakai Naiyaga said the company continued to improve its performance, reaching a key milestone last year with the redevelopment and leasing of the new look Ratu Cakobau House which boosted returns.
“The last financial year ending 30th June 2025 saw strengthened relations with its partners, tenants and key stakeholders in the business, for both its properties and trucking and cartage business which were the main contributing factors to the much-improved performance in this financial year.
“This is the first time that we are able to pay an interim dividend.”
The company also plans to engage more with its Tailevu community.
“The board is pleased to see the company performing with improved profits which also raises our ability to make an impact in our community,” Mr Naiyaga said.
“The achievements over the years has also enabled the company to contribute to various programs in the province notably in the areas of education, women and children extra curriculum activities and those with special needs.
“The company has a determined future plan to increase its investments with new property developments in its current investment pipeline, to take advantage of the strong demand in office and commercial leasing within the province.”
