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News: TAH Tabcorp Holdings Reduces Target Dividend Payout Ratio To 70-80% Of NPAT

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    19/08/20
    11:35
    Post #: 46651175

    Aug 19 (Reuters) - Tabcorp Holdings Ltd (TAH) :

    • REDUCE TARGET DIVIDEND PAYOUT RATIO TO 70-80% OF NPAT (BEFORE SIGNIFICANT ITEMS) ON RESUMPTION OF DIVIDENDS
    • REDUCE TARGET GEARING RANGE TO 2.5-3.0X GROSS DEBT / EBITDA (FROM 3.0-3.5X PREVIOUSLY)

    TAH)

    (([email protected];))

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