I don't believe it's the full dividend. The following is an extract from their reportThe Group will propose a cash dividend of E10.80 ……. subject to approval ……..This represents a payout ratio of 94% of the Groups adjusted net recurring result ……..The planned schedule is:
- payment of an interim dividend of E5.40 on March 29...….
- subject to approval by the AGM, payment of final dividend of E5.40 on July 5, 2019
Haven't had a chance to understand the numbers in the ASX release as yet.
Ann: URW FY 2018 Results, page-21
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