Meridian half-year profit $94 million - $175 million special dividend
26 Mar 2008
Meridian has reported a half-year after-tax result of $93.7 million for the six months ended 31 December 2007, compared with a restated profit of $116.6 million for the same period a year earlier.
Following on from the annual half-year profit, the Meridian Board has approved an interim dividend of $60.9 million. In addition, given Meridian’s financial performance for the first half of the year, the Board has also approved payment of a special dividend of $175m. With both dividend payments this brings the total dividend paid by Meridian since its inception in 1999 to $2.1 billion.
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