NO final dividend and NO special dividend. WTF?'In line with...

  1. 544 Posts.
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    NO final dividend and NO special dividend. WTF?

    'In line with Boral’s Financial Framework, the form of returning capital to shareholders will take into account
    the availability of franking credits, the prevailing share price and what is in the best interest of shareholders as
    a whole. If surplus capital was available to return to shareholders, the Group does not currently have
    adequate franking credits available to pay franked dividends.'

    'Surplus capital: Following receipt of proceeds from the divestment of Boral North America Building
    Products, Meridian Brick and the Australian Timber business, the Group will have a significant surplus.
    Subject to prevailing conditions and other reinvestment opportunities, surplus capital will be available for
    distribution to shareholders. No final dividend will be paid.'
    Last edited by islandmurray: 24/08/21
 
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