Oceania Healthcare targets dividend return on turnaround momentum
The company's new payout policy will be based on positive free cash flow.
Oceania Healthcare's Franklin Village.
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Oceania Healthcare expects to be cash positive this year, clearing the path for a resumption of dividends, which have been on ice since November 2023.
The company is in the midst of a strategic reset, which it launched in FY25 in response to rising debt and sluggish sales.
By its own account,
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