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...

More Infrastructure

Antarctica NZ appoints LT McGuinness to Scott Base project
Policy

Antarctica NZ appoints LT McGuinness to Scott Base project

The family-owned company beat five other firms to win the high-profile contract.

Oliver Lewis 16 Jun 2025
The future of coastal shipping in New Zealand
Infrastructure Blue Highway

The future of coastal shipping in New Zealand

It's greener and usually cheaper, so why isn't domestic coastal shipping thriving?

Oliver Lewis 16 Jun 2025
Why Fletcher's construction arm could be a hot property
Infrastructure

Why Fletcher's construction arm could be a hot property

Building conglomerate confirms inbound interest in several of its businesses.

Government opens applications for $30m coastal shipping fund
Infrastructure

Government opens applications for $30m coastal shipping fund

Ministers want to see freight-supporting proposals backed with co-investment.

Oliver Lewis 11 Jun 2025