this is great outlookASX Announcement16 November 2010SOLCO...

this is great outlook

ASX Announcement
16 November 2010
SOLCO DECLARES DIVIDEND PAYMENT
50% increase on FY2009 dividend payment
Solco Limited (ASX: SOO) is pleased to announce a dividend payment for shareholders of 0.375
cents per share relating to the financial period ending 30 June 2010, following a second consecutive
year of record profit and growth.
The Company, an established and profitable solar energy wholesale supplier, will provide
shareholders with a total dividend of approximately AUD$750,000, a 50% increase on its maiden
dividend payment in 2009.
Dividend details
Amount: 0.375 cents ($0.00375) per share
Franked/ Unfranked: Unfranked
Record Date: 26th November 2010
Anticipated payment date: 18 January 2011
Solco?s Chief Executive Officer Mark Norman said he was pleased to continue providing strong
shareholders returns.
?We believe this dividend payment reflects Solco?s growing status as profitable company - and a
leading entity within Australia?s wholesale solar energy supply sector. In the last financial year we
achieved a record 84% increase in profit before tax, and are pleased to reward our shareholders for
their continued support,? said Mr Norman.
?Through the continued growth of our core divisions and the expansion of our national sales
network and capabilities, we are currently on track to sustain this growth in the 2011 financial
year.?
ENDS