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Duxton Water Ltd. ( (AU:D2O) ) has shared an announcement.
Duxton Water Limited has declared an interim dividend of 3.72 cents per share, marking its 17th consecutive and increasing dividend. The company’s net asset value increased by 1 cent in August due to strategic trades and improved allocation prices. The permanent water market saw mixed price movements, while allocation prices rose significantly. The company is well-positioned to meet irrigator demand with a diversified portfolio. An Extraordinary General Meeting is scheduled to approve a name change to Rivco Australia Limited, reflecting its long-term strategy and independence.
The most recent analyst rating on (AU:D2O) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
More about Duxton Water Ltd.
Duxton Water Limited is an Australian company focused on building a portfolio of permanent water entitlements to provide flexible water supply solutions to Australian farming partners. The company generates returns by offering a range of supply solutions including long-term entitlement leases, forward allocation contracts, and spot allocation supply.
Average Trading Volume: 84,707
Technical Sentiment Signal: Buy
See more insights into D2O stock on TipRanks’ Stock Analysis page.