Total dividends for the period stand at about US$1.01 a share, pending shareholder approvalThe group also posted a 11% drop in underlying profit to US$473 million. “The special dividend announced today...reflects our sharpened capital allocation philosophy,” chief executive officer Freddy Lee said. Further details regarding the EGM for the special dividend and distribution in specie will be announced later. The move aligns with a broader strategic review, under which JC&C proposed changing its name to Jardine Matheson Southeast Asia. H1 underlying profit down 11%In the same announcement, JC&C reported an 11 per cent year-on-year drop in underlying profit to US$473 million, down from US$529 million.