fbpx

Type to search

Myer Pays First Dividend in 5 Years – The Age

John King announced that the once-troubled retailer would dish out an interim dividend of 1.5 Australian cents a share – the first under his tenure


Myer dividend
The dividend is the first paid by the department store company since the 2017 financial year. Photo: Reuters

 

The chief executive of Myer has said he is hopeful all of the department store’s long-suffering shareholders will be enthused by the company’s first dividend in almost five years, The Age reported.

On Thursday, Myer boss John King announced that the once-troubled retailer would dish out an interim dividend of 1.5 Australian cents a share – the first under his tenure and the first paid by the company since the 2017 financial year.

Read the full report: The Age

 

READ MORE:

 

Australia Central Bank No. 2 Quits to Join Green Energy Group

 

Singapore’s NCS Buys Australian IT Firm For $236m

 

Watchdog Wary As New Airline Denied Sydney Slot – SMH

 

Tags:

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.