Infratil signals further dividend increases

Wed, 27 Jun 2012

By Pam Graham June 28 (BusinessDesk) - Infratil is signalling further rises in dividends in an annual report that also has a final message from founder Lloyd Morrison who died in February 2012. The infrastructure investor said positive earnings momentum and a solid capital position have allowed for an increase in the dividend, and "this is expected to continue in the near future". The company paid dividends of eight cents a share in 2012, up from 6.75 cents the previous year as operating profits and cash flow improved. "While Infratil's pr...

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