Contact to increase dividends despite mixed outlook
Future dividends won't be fully-franked.
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Hawke’s Bay
Contact Energy is changing its dividend policy in a way that will allow it to pay much higher dividends.
Rather than calculating dividends based on 100% of underlying earnings as previously, the company will now target paying between 80% and 90% of its operating free cash flow, once it gets its
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Jenny Ruth
Mon, 14 Aug 2017
Mon, 14 Aug 2017
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Contact to increase dividends despite mixed outlook
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