Adairs Ltd. (AU:ADH) has released an update.
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Adairs Ltd. reported a decrease in revenue by 4.3% and a profit after tax drop of 17.8% for the 53 weeks ended June 30, 2024, compared to the previous 52-week period. Despite a challenging year, the company announced an interim dividend of 5.0 cents and a final dividend of 7.0 cents per ordinary share. Adairs continues to offer a dividend reinvestment plan with a 1.5% discount, with new shares to be issued to meet its obligations.
For further insights into AU:ADH stock, check out TipRanks’ Stock Analysis page.
