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The latest announcement is out from Hygrovest Limited ( (AU:UWC) ).
Underwood Capital Limited announced its portfolio performance for February 2025, highlighting a shift in its dividend policy. The company will now pay dividends at its discretion, moving away from a fixed annual distribution, due to a lack of significant franking credits and changes in investment management and approach. This change aims to provide greater flexibility in capital allocation, potentially impacting shareholder returns and company operations.
More about Hygrovest Limited
Underwood Capital Limited (ASX: UWC) is an Australian-listed specialist investment company focused on generating capital growth for shareholders through investments in listed and unlisted equities and debt securities.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.56M
See more data about UWC stock on TipRanks’ Stock Analysis page.