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What are Orica Preference Shares (ASX code ORIPA)?

April 26, 2017ASX code orica Shares

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What are Orica Preference Shares (ASX code ORIPA)?

1 Answer

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10 Posted

A. Orica Preference Shares were originally issued in 1938. The two million Preference Shares are non-convertible, have no voting rights and pay an annual dividend of 5% per annum. The dividend is paid in two instalments of 2.5 cents per share, normally every January and July. Q.