Warehouse Group's record $111m half-year profit

Thu, 25 Mar 2021

The Warehouse Group will resume paying a dividend after reporting a record first-half result but has lowered how much it will pay out to shareholders.Directors have approved a new dividend policy and will now distribute at least 70% of the group's full-year adjusted net profit, at the discretion of the board and subject to trading performance, market conditions and liquidity requirements.Previously the distribution range was set between 75%-to-85%.The 13 cents a share interim dividend follows a special 5 cents a share dividend in February.T...

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