APE 0.54% $10.97 eagers automotive limited

Jobkeeper vs dividend - APE tops list

  1. 13 Posts.
    https://www.abc.net.au/news/2021-03-26/top-companies-pocketing-jobkeeper-new-analysis-finds/100030274

    "Ownership Matters' analysis shows car dealership Eagers Automotive topped the list, paying out more than 100 per cent of the $67 million they received in JobKeeper for July-December in dividends.Its total dividend payment for the period ending in December was just over $64 million.

    Eagers Automotive is refusing to pay back any of the taxpayer money it received, which totalled $130 million, including the January to June JobKeeper payments."

    Disgraceful.
 
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