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935 Posts.
199
15/11/16
00:50
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Can someone explain how this company can payout more in dividends than they actually earn.
In summary, the company reported the following:
- Revenue came in at $809.7 million which was up 31.4% from the same period last year.
- EBITDA is up 21% to $449.6 million.
- Net Profit After Tax (exc. significant items) was up by a whopping 420.5% year on year, coming in at $98.9 million.
- Earnings per share came in at 4.13 cents per share, compared to a 0.06 cents per share loss a year earlier.
- Full-year dividend of 18 cents has been reaffirmed.
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