Managing

My Net Fone boost dividend by 75%

James Thomson /

My Net Fone old  has announced it will pay a final dividend of 0.8c for the 2010-11 financial year, taking the total dividends paid out over the course of the financial year to 1.3c.

It is a 75% increase on dividends paid in 2009-10 and underlines another year of solid growth for the company.

The company, which featured on the Smart50 in 2010, said in June that it expects an operating profit of $1.1 million for the 2010-11 year, up from $1.01 million in 2009-10.

The company said it was particularly pleased with its performance in the SME sector.

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