Auckland Airport raises dividend on 15 percent profit lift

Wed, 29 Aug 2012

By Pattrick Smellie Aug. 30 (BusinessDesk) - Auckland International Airport is raising its dividend policy to pay out 100 percent of underlying earnings, up from 90 percent, following a 15 percent increase in tax-paid underlying profit of $139.0 million in the year to June 30. Assisted in part by a surge of arrivals from South Africa and France for the Rugby World Cup and diversion of some traffic away from quake-hit Christchurch, New Zealand's main gateway airport saw improved performance in total passenger numbers, international freight, an...

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