Final Dividend - 2020 Financial Year

CORPACT

Fri, Apr 30 2021 08:48 am

30 April 2021

SCALES CORPORATION DECLARES FY2020 FINAL DIVIDEND

The Directors of Scales Corporation Limited (NZX:SCL) have declared a fully imputed final cash dividend for the 2020 Financial Year of 9.5 cents per share.
Taking into account the 9.5 cents per share interim dividend, paid in January 2021, total cash dividends for the 2020 Financial Year total 19.0 cents per share, which represents 96% of Underlying Net Profit (excluding non-controlling interests).
The dividend is payable on 9 July 2021, with a record date of 1 July 2021.

Annual Shareholders’ Meeting
The Annual Meeting is scheduled for 3.30pm, Wednesday 9 June 2021. The meeting will be held in Christchurch, with shareholders also able to attend virtually. The Notice of Meeting will be distributed shortly.
The meeting will provide an excellent opportunity to update shareholders on trading to date for each business unit, including confirmation of the gross apple harvest and estimated packout percentage for Mr Apple, as provided histrorically.

Contact:
Steve Kennelly
Chief Financial Officer
Scales Corporation Limited
+64 3 371 2263 / +64 274 317587

About Scales Corporation
Scales Corporation is a diversified agribusiness portfolio. It comprises three operating divisions: Horticulture, Food Ingredients and Logistics. The company’s diverse spread of activities gives Scales broad exposure to the agribusiness sector. Scales Corporation was founded in 1897 as a shipping business by George Herbert Scales. Today it has operations across New Zealand, Australia and the United States. Find out more at www.scalescorporation.co.nz.