Quote Originally Posted by sb9 View Post
Excerpt from CEO's letter today to shareholders:

Revised distribution policy
Our Board has concluded that we can support increased distributions to shareholders and as a result has revised our distribution policy to target an average ordinary dividend equivalent to approximately 100% of underlying earnings after tax1 (previously 80%). Contact expects free cash flow to be in excess of the ordinary dividend level described above and will make additional distributions in the form of special dividends or share buybacks.

Could expect more dividends to shareholders in times ahead...
Excellent, happy holder that bought more last week

Been more weakness than anticipated but thats been the case for a lot of stocks recently and rolling the dice on Tiwai I think it will roll over