ASX-listed Shaver Shop Group will issue a special dividend to make up for the dividend that was cancelled at the height of the COVID-19 pandemic.
The dividend of 2.1 cents per share has a record date of June 25 and will be paid on July 16.
At 1033 AEST, Shaver Shop shares were up 9.7 per cent to 68 cents, a 1.5 per cent increase on the year.
With two weeks left in the fiscal year, Shaver Shop said its like-for-like sales (including online sales) were up 14.9 per cent so far in FY20.
Online sales have been more than doubled compared with FY19.
Shaver Shop said 112 of its 116 stores in Australia and seven New Zealand stores had reopened, with the last four expected to reopen by mid-July.
The company said it expected its FY20 revenue to be in the range of $190 million to $195 million and its earnings to be $17.25 million to $18.25 million, up 28 per cent to 35 per cent from last fiscal year.