Meridian boosts dividend 25% after ‘strong operating result’
Electricity generator reports higher wholesale margins and pay for CEO.
Meridian chief executive Neal Barclay.
Electricity generator and retailer Meridian has increased its final dividend by 25% and its chief executive’s pay by 73% as higher wholesale margins drove a strong operating result for the year to June.
In a statement to the NZX this morning, Meridian focused on its operating cashflows of $667
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