DUE 0.00% $2.99 duet group

Dividends V Earnings

  1. Giz
    935 Posts.
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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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Currently unlisted public company.

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