Downer EDI Sets New Dividend Rate for ROADS Preference Shares

The latest update is out from Downer EDI Limited ( (AU:DOW) ).

Downer EDI Limited, through its subsidiary Works Finance (NZ) Limited, announced the dividend rate for its ROADS preference shares for the period from 15 June 2025 to 15 June 2026, set at 7.27% per annum. This rate is derived from the One Year Swap Rate of 3.22% plus a Step-up Margin of 4.05%. The dividends will continue to be fully imputed, and no action is required from the holders. This announcement reflects Downer’s ongoing commitment to providing stable returns to its stakeholders while maintaining its financial strategies.

The most recent analyst rating on (AU:DOW) stock is a Hold with a A$5.77 price target. To see the full list of analyst forecasts on Downer EDI Limited stock, see the AU:DOW Stock Forecast page.

More about Downer EDI Limited

Downer EDI Limited is a leading provider of integrated services across Australia and New Zealand, focusing on delivering and maintaining essential infrastructure. The company operates in sectors such as roads, rail, ports and airports, power, gas, water, telecommunications, energy networks, health, education, defence, and other government sectors. Downer is a significant private sector employer with over 26,000 employees, driven by a high-performance culture known as ‘The Downer Difference’.

YTD Price Performance: 20.97%

Average Trading Volume: 1,076,405

Technical Sentiment Signal: Buy

Current Market Cap: A$4.18B

For detailed information about DOW stock, go to TipRanks’ Stock Analysis page.