The dividend is as per their payout policy of 80% of NPAT. Refer to latest report.
Dividend payments
A 2020 final dividend of US 12 cents per share (cps)
has been declared. The final dividend is based on
the 2020 underlying NPAT of $447 million and
reflects the performance of our high-reliability
and low-cost operations.
The value of the final dividend payment is $115 million,
representing a payout ratio of approximately 80% of
underlying NPAT. Consistent with disciplined capital
management, we will continue to review the payout
ratio as we progress our growth opportunities.
The dividend reinvestment plan remains active,
allowing eligible shareholders to reinvest their
dividends directly into shares at a 1.5% discount
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- Ann: Annual Report 2020
Ann: Annual Report 2020, page-24
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24.470 | 1100 | 1 |
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