Wednesday 8th September 2021 |
Text too small? |
The Board of MHM Automation Limited today announced its decision to pay a special dividend of 1.5 cents per share. The record date for the special dividend will be 15th September 2021.
The special dividend is being paid from the proceeds of the sale of the New Plymouth property. The sale of the property generated a one off gain on sale of $1.9m which was recorded in the 2021 financial year. The Board considers it appropriate to pay the special dividend to shareholders given the one off gain and the stronger trading performance in the 2021 financial year.
Following on from our 2021 financial year announcement last month, we continue to see strong demand for our automated products and solutions. Our automation business has good workflows right through the 2022 financial year and beyond. Global demand for automation continues to increase. Our portfolio of products and solutions are word leading in their markets and we remain confident that we will continue to see growth both in terms of revenue as well as profitability.
Please see the links below for details
MHM Announces Special Dividend
Source: MHM Automation Limited
No comments yet
PaySauce Quarterly Market Update - September 2024
October 2nd Morning Report
Rua Releases Annual Report for Year Ended 30 June 2024
SCL - Settlement of orchard sales
The Warehouse Group 2024 ASM and Director Nominations
AIR - Update on Chief Operational Integrity and Safety Officer
Comvita Limited - Annual Report 2024
September 27th Morning Report
Spark announces departure of Finance Director
FBU - Retail Entitlement Offer Opens