Tatua leads the pack in payout for shareholders

The company traditionally pays a hefty premium. (Image: Unsplash)

Thu, 29 Sep 2022

Tatua Cooperative Dairy Co, the Tatuanui-based dairy company, once again leads the pack, paying its shareholders a hefty premium and retaining funds for reinvestment.The company’s board said group income for the year to July 31 was $444 million and earnings available for the payout hit $186m.Group income in the prior year was $395m. The earnings equate to $12.65 per kilogram of shareholder supplied milksolids, before retentions for reinvestment, it said.This is an improvement on the previous year's earnings of $10.43 per kgMS, an...

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