Fonterra Co-operative Group has today announced that it expects to end the FY23 year at the top end of its forecast range of 65-80 cents per share, and to pay a full year dividend at the top end of its dividend policy of 40-60% of normalised earnings.

The full year dividend comprises the interim dividend of 10 cents per share already paid, plus the final dividend expected to be paid in October.

The final FY23 earnings and full year dividend will be confirmed when Fonterra reports its financial results in September.

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