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Ryman puts dividends on ice until FY26

The company suspended dividends following its capital raise in February and there was talk they may resume in FY24.

Key points
  • Revenue: Up 18% to $323m
  • Net profit: Down 4% to $186.7m
  • Main takeaway: The company will review the resumption of dividends in FY26, after they were suspended in February following its $902m capital raise. 

Ryman Healthcare has kicked the can down the road on the potential resumption of dividends by two years. 

The company suspended making distributions to shareholders followings its $902 million capital raise in February, saying it was not suitable to raise money on one hand and give it back with

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Key points
  • Revenue: Up 18% to $323m
  • Net profit: Down 4% to $186.7m
  • Main takeaway: The company will review the resumption of dividends in FY26, after they were suspended in February following its $902m capital raise. 
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Ryman puts dividends on ice until FY26
Investment,
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