Markets

Payroll provider first PledgeMe firm to pay a dividend

Victoria Young
Tue, 21 Jul 2020

Victoria Young
Tue, 21 Jul 2020
Thankyou Payroll says it will be the first local equity crowd-funded firm to pay a dividend, declaring less than 1.6 cents per share or a total of $100,000. The announcement was made at the payroll provider’s annual meeting today, where the company celebrated 10-year turnover growth from $7,000 in 2010 to $2.8 million in 2020. Last year revenue rose by roughly a third from $2.1 million.   The company promised when it raised funds in 2017 that it would pay a dividend within three years. The company has 6.3 million shares at July 11. At the...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Technology
Rocket Lab close to deal with US acquisition company — report
Staff reporters | Mon, 01 Mar 2021

Deal to take company public would reportedly value the US-New Zealand start up at US$4.1 billion.

Economy
Change self-isolation payments - Eaqub
Victoria Young | Mon, 01 Mar 2021

Shamubeel Eaqub says leave support payments should be linked to income if we want people to stay home.

Markets Wake Up Call
Auckland locked down again; bond markets cool down
Staff reporters | Mon, 01 Mar 2021

The NZ dollar is down sharply this morning after a shift back to ‘haven’ currencies and a drop in global bond yields over the weekend.

Sponsored
ASX in NZ: Capitalising on our ‘liberty of distance’

The tyranny of distance had prepared New Zealand corporate leaders well for the pandemic. We were already adept at running global businesses from afar, and as the world locked down, our remoteness became somewhat moot and the rest of the world began operating almost as remotely as we had always done.

Sponsored
How consumers can give local businesses a boost

Why this holiday is different for New Zealand SMEs.