Channel Infrastructure increases dividend, mulls dual ASX listing on upbeat outlook

Channel Infrastructure increases dividend, mulls dual ASX listing on upbeat outlook
Channel seeks to unlock the value of its land. (Image: NZME)
Ian Llewellyn
Channel Infrastructure has increased its dividend policy and forecast dividend payout and is eyeing a dual listing on the ASX if ambitious growth plans become a reality.Channel outlined an updated capital allocation framework in material prepared for the company’s annual shareholders’ meeting on Friday afternoon.This includes an increase in the dividend policy payout ratio to 70-90% of normalised free cash flow from 60-70%. The board now expects to pay a total dividend of between 12 and 12.5 cents per share in the 2025 financia...

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