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(Reuters) - New Zealand's Auckland International Airport (AIA) said on Wednesday it has revised its dividend policy and will now pay its shareholders only 70% to 90% of underlying net profit after tax, pushing shares down as much as 3.6% to their lowest in nearly five months.
The revision is a downgrade from the company's previous policy to pay 100% of underlying net profit after tax, making shares the top loser on the local bourse.
Shareholders have not received dividends from the company sin...
>>> Read more: NZ's Auckland Airport revises dividend policy
The revision is a downgrade from the company's previous policy to pay 100% of underlying net profit after tax, making shares the top loser on the local bourse.
Shareholders have not received dividends from the company sin...
>>> Read more: NZ's Auckland Airport revises dividend policy
