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Tamawood Announces Interim Dividend Amidst Weather Challenges

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Tamawood Announces Interim Dividend Amidst Weather Challenges

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Tamawood Limited ( (AU:TWD) ) has provided an announcement.

Tamawood Limited has announced an interim fully franked dividend of 11 cents, to be paid on June 6, 2025, despite facing challenges from adverse weather conditions like ex-Tropical Cyclone Alfred. The company remains debt-free, and while the dividend will extend its negative retained earnings, the board is optimistic about future corrections due to strong sales performance and anticipates continued participation in its Dividend Reinvestment Plan.

More about Tamawood Limited

Tamawood Limited operates in the construction industry, focusing on residential building and development. The company is known for its home-building services and has a market focus on providing quality housing solutions.

YTD Price Performance: -4.58%

Average Trading Volume: 5,492

Technical Sentiment Signal: Hold

Current Market Cap: A$94.31M

Find detailed analytics on TWD stock on TipRanks’ Stock Analysis page.

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