NZME’s dividend policy to come under pressure, says Forsyth Barr
The NZX-listed media company downgraded its underlying earnings guidance this week, citing a downturn in advertising revenue.
Investment brokerage firm Forsyth Barr believes its going to be harder for NZME to maintain its current dividend guidance after the company cut its earnings forecast this week.
The NZX-listed media company lowered the mid-point of its earnings before interest, tax, depreciation, and amortisation
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