a2 Milk announces first ever dividend policy

a2 Milk Company chief executive David Bortolussi. (Image: a2 Milk Company)

Fri, 22 Nov 2024

The a2 Milk Company has lifted its full-year revenue guidance range and announced its first dividend policy.“I am pleased to introduce The a2 Milk Company’s first dividend policy to reward our shareholders for their support over many years and to reflect the significant progress made since we announced our refreshed growth strategy in 2021,” said chief executive David Bortolussi. The dividend policy targets a payout ratio range of between 60% and 80% of net profit after tax excluding non-recurring and other items –...

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