The latest update is out from APA Group ( (AU:APA) ).
APA Group announced its interim distribution for the six months ended 31 December 2024, with a total distribution rate of 27 cents per security, reflecting its consistent financial performance. The distribution includes both franked and unfranked dividends, along with tax-deferred amounts, highlighting APA Group’s robust infrastructure investment and substantial role in Australia’s energy sector. This announcement is part of APA’s ongoing commitment to securing Australia’s energy future and provides insights into its financial management strategies and industry positioning.
More about APA Group
APA Group is a leading energy infrastructure business listed on the Australian Securities Exchange (ASX). The company owns, manages, and operates a diverse portfolio of gas, electricity, solar, and wind assets valued at $27 billion. APA Group is instrumental in delivering around half of Australia’s domestic gas through its extensive network of pipelines and plays a crucial role in connecting major regions with its electricity transmission assets. The company also operates power generation assets, including gas-powered, wind, and solar facilities across the country.
YTD Price Performance: -8.15%
Average Trading Volume: 7,215
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.44B
Learn more about APA stock on TipRanks’ Stock Analysis page.