Appen raises dividend as data demand expands
Artificial intelligence data services company Appen is kicking up its spending on sales and marketing to accelerate its expansion into new markets, as part of a move to become a more tech-driven business.
The company, which enjoyed a 6.7 per cent jump in share price on Tuesday to $25.44 at 2:15pm AEDT on the back of its full-year results, also left the door open to change its dividend policy in the future to accelerate growth via acquisitions or re-investment.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Technology
Fetching latest articles