HUM 8.03% 74.0¢ humm group limited

Dividend Declared but how?

  1. 123 Posts.
    lightbulb Created with Sketch. 17
    I see there has been a dividend declared by the company when the company has suffered a statutory loss. I also see ASIC/ASX requested the company revise their dividend announcement.

    How can a company with a statutory loss announce and pay a dividend? I thought this was NOT permitted,

    Someone dragging more cash out of the company?
 
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