Aug 18 (Reuters) - Fonterra Co-Operative Group Ltd (FCG) :...

Aug 18 (Reuters) - Fonterra Co-Operative Group Ltd (FCG) :

• Fonterra confirms further dividend payment
• Confirmed it will pay a further 10 cents per share of its previously announced 2015/16 forecast dividend of 40 cents per share
• Seeing early signs of the expected recovery in dairy prices but "we know conditions on farm are challenging"
• Confidence in the long-term fundamentals of dairy
• There is no change to forecast earnings range or forecast total dividend of 40 cents per share for 2016 financial year"
• Says Fonterra shareholders' fund unit holders will receive a distribution payment of 10 cents per unit