Carter Holt pulls A$55.4M dividend from Australia in 2016

Mon, 15 May 2017

By Paul McBeth May 15 (BusinessDesk) - Carter Holt Harvey Group pulled out an A$55.4 million dividend from its Australian unit in 2016, its first such return after several years of shoring up the wood products company's books. The Australian unit's holding company, Carter Holt Harvey Building Products, paid a dividend bigger than its profit of A$21.3 million in calendar 2016, down from A$30.7 million a year earlier, financial statements lodged with the Australian Securities & Investments Commission show. While revenue edged up 3.1 percent...

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