Singapore Airlines says S$1 dividend sustainable

Reuters
14 May 2008

SINGAPORE, May 14 (Reuters) - Singapore Airlines (SIAL.SI: Quote, Profile, Research) (SIA), the world's second-biggest airline by market value, said on Wednesday it could maintain an annual dividend payout of S$1 ($0.72).

"An annual payout rate of S$1 a share is affordable and sustainable," Singapore Airlines Chief Executive Chew Choon Seng told a results briefing.

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