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Contact shareholders can expect rising dividends despite falling profits

Contact may ensure all customers get “prompt payment discounts”

Jenny Ruth
Mon, 13 Aug 2018

Contact Energy has raised its final dividend 27% and is promising a further 9% increase in the payout for the current year, despite falling profits.

Chief executive Dennis Barnes is also hinting at a new customer offer that will ensure all customers get “prompt payment discounts.”

He says

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Jenny Ruth
Mon, 13 Aug 2018
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Contact shareholders can expect rising dividends despite falling profits
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