New NPT board plans to keep annual dividend steady at 3.6 cents per share

Fri, 25 Aug 2017

By Rebecca Howard Aug. 25 (BusinessDesk) - NPT's newly installed board confirmed plans to keep the property investor's dividend unchanged this financial year as it works through changes at the company. "The board has undertaken a thorough review of the FY18 business plan and have today confirmed that the dividend will be a minimum of 3.6 cents per share. This represents a conservative approach as we work through the options for NPT’s future direction," chairman Bruce Cotterill said in speech notes for the annual general meeting in Aucklan...

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