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Z Energy CEO says dividend outlook a sign of ‘maturity’ following results

Z Energy expects a 2020 dividend payout between 48c and 54c per share.

Reweti Kohere Thu, 02 May 2019

The almost doubling of Z Energy’s dividend payouts since it became public in 2013 reflects the company’s maturity six years on, chief executive Mike Bennetts says.

New Zealands largest fuel retailer reported an increased dividend of 43c in spite of a $77 million decline in its net profit,

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Reweti Kohere Thu, 02 May 2019
Contact the Writer: reweti@nbr.co.nz
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Z Energy CEO says dividend outlook a sign of ‘maturity’ following results
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