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Stride maintains dividend despite potential $5.1m covid impact
Coronavirus

Stride maintains dividend despite potential $5.1m covid impact

Stride Property will maintain its dividend at 9.91 cents a share for the current financial year, despite financial impacts of covid-19 that it said could undermine profits by as much as $5.1 million this year. That impact could be partially offset, however, by activity-based i...

Brent Melville 29 Jul 2020
MARKET CLOSE: NZ shares dip as investors await US earnings
Markets

MARKET CLOSE: NZ shares dip as investors await US earnings

New Zealand shares edged lower as investors became wary of a market correction ahead of earnings results from some of the United States’ biggest listed companies.   The S&P/NZX 50 Index decreased 7.35 points, or 0.1 percent, to 11,578.27. Within the index, 17 stocks fell, 28 r...

Dan Brunskill 28 Jul 2020
Argosy reaffirms unchanged dividend
Property

Argosy reaffirms unchanged dividend

Argosy Property expects to mirror last year's 6.35 cent dividend for the 2021 financial year, on the strength of its resilience through covid and despite the challenges of the "economically weak" period, it said today.The firm also confirmed it will pay a first-quarter divide...

Staff reporters 28 Jul 2020
Vector, Amazon eye global potential of new platform
Infrastructure

Vector, Amazon eye global potential of new platform

The new energy data platform being developed by Vector and Amazon Web Services is a “significant investment” for both firms but one that will have global applications, Vector chief executive Simon Mackenzie says. While the venture is initially targeting the Australian and New...

Gavin Evans 28 Jul 2020