NZME Limited has today declared a special dividend of 5.0 cents per share, equating to $9.7 million.
This is in addition to the $5.3 million already purchased through the company's on-market buyback programme.
The dividend will be paid on 12 July 2022 to shareholders on the register at 5pm on 28 June 2022.
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The S&P/NZX 50 Index is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
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