tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cardno Limited Declares Special Dividend

Cardno Limited Declares Special Dividend

Cardno Limited (AU:CDD) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Cardno Limited has announced a special dividend of AUD $10.8 million, equating to 27.6 cents per share, to shareholders on record as of April 11, 2024, with payment due on April 29, 2024. This decision comes after successful legal claim collections and the sale of Cardno International Development. The company is also focusing on divesting Entrix operations and minimizing overhead costs to maximize shareholder distributions.

For further insights into AU:CDD stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1