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Will Tatts continue to maintain a high dividend payout ratio?

April 26, 2017Continue dividend high maintain payout ratio tatts

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Will Tatts continue to maintain a high dividend payout ratio?

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The dividend payout ratio is a decision for the Board based on the financial results and the fundamentals of the business. The past two dividends paid have represented 90.4% and 96.5% of Net Profit after Tax paid out to shareholders. With Tatts Group’s strong balance sheet, profitability and cash flow, we do not foresee this dividend payout ratio materially altering.