NAOS Ex-50 Reports Loss but Maintains Dividends
Company Announcements

NAOS Ex-50 Reports Loss but Maintains Dividends

NAOS Ex-50 Opportunities Co. Ltd. (AU:NAC) has released an update.

NAOS Ex-50 Opportunities Company Limited faced a challenging FY24, with a recorded after-tax loss of $13.31 million and a significant underperformance of its investment portfolio. Despite the economic volatility and underperformance, the company maintained a steady dividend stream, offering a 12% fully franked yield. The board remains committed to active capital management and maximizing long-term shareholder returns.

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

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