Winking Studios to implement dividend policy of about 5% to 15% of its annual earnings

Catalist-listed Winking Studios announced, on Oct 25, that it intends to adopt a "conservative" annual dividend policy that will pay out approximately 5% to 15% of its annual distributable profits.

The policy will take effect only upon the company’s proposed dual listing on the AIM Market of the London Stock Exchange (LSE). The admission is expected to take place before Dec 31 this year.

According to Winking Studios, the proposed policy comes as it seeks to create long-term value and returns for its shareholders.