Contact Energy shares surge on news of special dividend.
Jenny Ruth talks about Contact Energy on NBR Radio and on demand on MyNBR Radio.
The company has been targeting an 80% payout ratio until now.
A smudgy bit at the heart of company management is bugging some tidy-minded people with a lot of money.
Meridian investors have to cough up final lump of cash, and may be selling other stock to do so.
It seems to happen every three or four years, almost like a washed up pop singer who needs some attention because life has got boring.
What's in your National Business Review print edition this week.
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