1300SMILES Profit, Dividend up 32%

1300SMILES Managing Director Dr Daryl Holmes has announced strong growth in revenue and profit for the year to 30 June 2015.

Net Profit After Tax and Earnings Per Share both increased by 32%, to $6.6 million and 27.8c.

The company's final dividend of 10.2c per share set new records, both as the largest single dividend ever paid and the largest full year dividend at 19.2c, also up 32% on the previous year.

Dr Holmes said, "1300SMILES has delivered an uninterrupted stream of twenty-two fully franked dividends in a row since listing in 2005."

"Our dividend reflects the steady, continuing strength of our business."

The company reported strong demand for its $1-a-day Dental Care Plan and strong early demand for its recently introduced 1300SMILES DMA Vouchers, which enable patients to finance more expensive treatments at $99 per week.