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JB Hi-Fi reports record year, dividend jumps – Sydney Morning Herald

JB Hi-Fi has reported a record set of full-year earnings and says sales have continued to surge through July and August.

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JB Hi-Fi raised its final dividend up 33.1 per cent, with the full dividend for the 2020 financial year $1.89, payable on September 11. The company also announced a $1000 bonus for its 13,000 staff for working during the pandemic.
JB Hi-Fi has been one of the biggest benefactors of Australia’s coronavirus lockdowns, with thousands of Australians buying new monitors, laptops and keyboards to help work from home throughout March and April.
“This is a strong result in the most challenging of time…

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