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Landcorp axes dividend

Weak commodity prices and the cost of Cyclone Gabrielle weigh on outlook, says state-owned farmer.

Landcorp chief executive Mark Leslie.

NBR Staff Thu, 31 Aug 2023

State-owned farming company Landcorp has axed its 2023 dividend, citing a poor commodity price outlook and the cost of Cyclone Gabrielle.

The company, which trades under the Pamu brand, had aspired to pay a $10 million dividend to the Government for the year to June, double the $5m payout in each of

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NBR Staff Thu, 31 Aug 2023
Contact the Writer: editor@nbr.co.nz
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Landcorp axes dividend
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