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Rakon to pay first ever dividend as earnings guided to drop

Manufacturer still seeing lasting effects of customers' inventory stockpiling.

Rakon CEO Sinan Altug.

Will Mace Wed, 24 May 2023

Rakon will pay its first ever dividend in August and anticipates being able to do so for the remaining two years of CEO Sinan Altug’s three-year growth strategy.

The NZX-listed oscillator manufacturer announced this morning that it will start paying dividends, declaring a fully-imputed FY23

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Rakon to pay first ever dividend as earnings guided to drop
Investment,
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