Big hike in Altron dividend - TechCentral

Altron Dividend News

Big hike in Altron dividend - TechCentral
AltronWerner Kapp
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Altron Group has hiked its final dividend for the 2024 financial year by 74% after reporting strong financial results.

hiked its final dividend for the 2024 financial year by 74% to 33c/share after reporting strong financial results, including a 36% improvement in headline earnings per share from continuing operations.

“Due to the strong results and improved cash generation, the dividend payout ratio was raised earlier this financial year to a minimum of 50% of headline earnings from continuing operations, leading to a 74% increase in the final dividend to 33c/share.”

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Altron Werner Kapp

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