Around $100M of the prior dividend was taken up as rights. If they get $100M again in the next div payment then cash paid out is covered by FCF.
At this stage it would mean they could keep the current dividend where it is until the share increase meant they had to cut distributions on a per-share basis.
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spark new zealand limited
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$2.14

Around $100M of the prior dividend was taken up as rights. If...
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Last
$2.14 |
Change
0.000(0.00%) |
Mkt cap ! $4.043B |
Open | High | Low | Value | Volume |
$2.14 | $2.17 | $2.12 | $3.337M | 1.556M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 115893 | $2.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.15 | 7592 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 115893 | 2.140 |
6 | 191078 | 2.130 |
5 | 14868 | 2.120 |
7 | 34873 | 2.110 |
104 | 355337 | 2.100 |
Price($) | Vol. | No. |
---|---|---|
2.150 | 7592 | 1 |
2.160 | 34965 | 4 |
2.170 | 66256 | 10 |
2.180 | 32081 | 3 |
2.190 | 55229 | 8 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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SPK (ASX) Chart |