It was mildly obvious that there was to be no dividend when the board (Stoke)s made changes to the constitution late last year!
Probably hoarding profits to fund buy-backs and increase ownership. Much the same way he achieved majority ownership a few years ago to takeover the board.
News: BLD Boral Ltd Expects 2H FY23 EBIT To Be Broadly In Line With 1H FY23, page-5
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