TWD 0.98% $3.04 tamawood limited

News: TWD Tamawood increases final dividend to 16 cents fully franked

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    May 12 (Reuters) - Tamawood Ltd (TWD)

    • Increased final dividend to 16 cents fully franked taking total dividends to 27 cents fully franked for fy17
    • Board expect to maintain dividends at fy17 level into fy18 if not affected by any adverse conditions
    • Slowdown in land delivery due to cyclone debbie prevented some jobs from starting resulting in smaller than expected uplift in profitability
 
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