Hi Chao. The detail is outlined in Page 3 of the AGM address and...

Hi Chao.
The detail is outlined in Page 3 of the AGM address and presentation. Announcement date 24/November 2021.
50-70% payout ratio.
I copied and pasted the words below

As a result of our ongoing focus on managing our financial position, the Company announced in May 2021 a capital restructure involving a return of capital and share consolidation. This was successfully completed in early July 2021 and resulted in all shareholders receiving 8.5 cents per share and a 10% reduction in shares held. The combined impact of the two corporate actions had the same effect as a share buyback of 1 share for every 10 for 85 cents. This return was in addition to this year’s declared dividend of 2.7 cents per share.Our business has made a major step change over the last few years, and we are now recognised as a major branded wine business with sustainable strategies that will continue to grow this business. As we grow our branded business the agricultural risks become a smaller part of our total business. In recognition of this the board has today approved a dividend policy which will apply to all future dividends. The policy states that the Company will endeavour to maintain a dividend payout ratio of between 50% and 70% of net profit after tax each year, subject to the recognition of profit and availability of cash for distribution, funding requirements and the operating and investment needs of the Company