Vector warns upcoming price review may crimp future dividends

Mon, 25 Feb 2019

By Paul McBeth Feb. 26 (BusinessDesk) - Vector has warned the upcoming review of its regulated prices may stifle its ability to keep raising dividends and kept today's interim return to shareholders unchanged. The electricity, gas, and telecommunications lines company's board will review its dividend policy once the Commerce Commission has completed its reset for Vector's default price path for the April 2020-March 2025 period. A draft decision is due by the end of May with the final report in late November. Vector's board declared a...

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