A2 Milk to pay first dividend next year
New payout policy announced ahead of annual meeting today.
A2 Milk markets infant formula under the Platinum brand.
Infant formula marketer A2 Milk will pay its first dividend next year, 20 years after listing on the NZX.
In an announcement ahead of its annual meeting in Auckland this morning, the company said it had established a dividend policy to pay out 60-80% of normalised net profit.
Chair Pip Greenwood said
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