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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
6 mins to read

Ryman puts dividends on ice until FY26

The company suspended dividends following its capital raise in February and there was talk they may resume in FY24.

Key points
  • Revenue: Up 18% to $323m
  • Net profit: Down 4% to $186.7m
  • Main takeaway: The company will review the resumption of dividends in FY26, after they were suspended in February following its $902m capital raise. 

Ryman Healthcare has kicked the can down the road on the potential resumption of dividends by two years. 

The company suspended making distributions to shareholders followings its $902 million capital raise in February, saying it was not suitable to raise money on one hand and give it back with

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Nicholas Pointon Wed, 29 Nov 2023
Contact the Writer: nicholas@nbr.co.nz
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Key points
  • Revenue: Up 18% to $323m
  • Net profit: Down 4% to $186.7m
  • Main takeaway: The company will review the resumption of dividends in FY26, after they were suspended in February following its $902m capital raise. 
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Ryman puts dividends on ice until FY26
Investment,
101905
true