CKF 0.83% $8.51 collins foods limited

Continued growth in dividend The Board has declared a final FY16...

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    Continued growth in dividend
    The Board has declared a final FY16 fully franked dividend of 8.0 cps, up 23.1% on the prior corresponding period (FY15 final dividend: 6.5 cps). This dividend will have a record date of 6 July 2016 and payment date of 13 July 2016. The total dividend for FY16 is up 21.7% to 14.0 cps fully franked (FY15: 11.5 cps).

    ***The Board notes that future dividend payments will include NPAT from its Western Australia and Northern Territory restaurants.***

    This final sentence regarding the dividend is massive for share holders.
    Previously earnings from the WA and NT business were all re-invested. Now they will be contributing to divs!
 
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$8.51
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