Biggest profit ever and total 35c divi, page-33

The ordinary dividend is $0.10 NZD/share and a special dividend paid out from the sale of its stake in Virgin Airlines.

I refer to an article published by AFR in mid July 2016.

"UBS analysts reckon Air NZ should use a 25¢ a share special dividend to return the proceeds.

UBS told clients that the special dividend should happen before the end of August, following Virgin's capital structure review, which would also see Air NZ's $131 million loan to the Australian airline repaid. "

<http://www.copyright link/street-ta...dividend-for-air-new-zealand-20160613-gpicqz>

Instead of a share buy back Air New Zealand has opted for a special dividend - 1 off payment. Please correct me if I am incorrect

DYOR