No interim dividend, however, there is a strong signal that a final dividend will be paid:
"No interim dividend was declared as net debt is higher than Boral’s target of $1.5b. Following receipt of proceeds from the sale of USG Boral and Meridian Brick, net debt will fall below $1.5b, creating a surplus. Subject to prevailing conditions and other reinvestment opportunities, surplus capital will be available for distribution to shareholders."
Both USG Boral and Meridian Brick divestments are expected to close FY21 (page 33). That surplus may result in a larger than expected final dividend. Patience likely to be rewarded imo.
