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Contact signals a higher dividend future

Renewable energy investment and a resolution of Tiwai uncertainty could boost payout.

Contact has announced a new 51.4MW plant at Te Huka, near Taupo, to add to its existing 28MW facility.

Tim Hunter Mon, 15 Aug 2022

Contact Energy is signalling the potential for higher dividends in years ahead in a pay-off from hefty investment in renewable energy, as well as a likely resolution of uncertainty over the energy-hungry Tiwai aluminium smelter.

The hints came in a presentation for its full-year results this morning

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Tim Hunter Mon, 15 Aug 2022
Contact the Writer: thunter@nbr.co.nz
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Contact signals a higher dividend future
Investment,
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