JB Hi-Fi (ASX:JBH) share price jumps 8% after record half-year sales and dividend hike — what to watch next
JB Hi-Fi shares jumped 8.1% to A$89.10 after reporting first-half sales up 7.3% to A$6.10 billion and net profit up 7.1% to A$305.8 million. The retailer raised its interim dividend to 210 cents and lifted its payout ratio target to 70%-80% of profit. Investors now focus on January’s slower sales growth and upcoming dividend dates.
