dividends

David Hargreaves says the turnaround of co-operative Fonterra at a time of high dairy prices provides a timely boost for our flagging economy

David Hargreaves says the turnaround of co-operative Fonterra at a time of high dairy prices provides a timely boost for our flagging economy

Forsyth Barr analysts say record-high milk prices, boosted by a weak Kiwi dollar, robust Fonterra dividends and stabilising costs is driving on-farm returns to levels not experienced before

Forsyth Barr analysts say record-high milk prices, boosted by a weak Kiwi dollar, robust Fonterra dividends and stabilising costs is driving on-farm returns to levels not experienced before

Dairy co-operative Fonterra says it will now achieve earnings of between 55c and 75c a share for the year, up from a previous forecast of 40c-60c; roadshow details released for sale of 'Mainland Group'

Dairy co-operative Fonterra says it will now achieve earnings of between 55c and 75c a share for the year, up from a previous forecast of 40c-60c; roadshow details released for sale of 'Mainland Group'

Analysts say the fact Fonterra's looking at a profit toward the top end of its guidance despite a record milk price to be paid 'shows strong strategic execution' within the co-operative

Analysts say the fact Fonterra's looking at a profit toward the top end of its guidance despite a record milk price to be paid 'shows strong strategic execution' within the co-operative

Reserve Bank to pay $597 million dividend, Governor Adrian Orr gets a pay cut, staff numbers & costs rise

Reserve Bank to pay $597 million dividend, Governor Adrian Orr gets a pay cut, staff numbers & costs rise

Fonterra says by streamlining its operations and focusing on its ingredients and food services business it can grow greater value for farmer shareholders and unit holders

Fonterra says by streamlining its operations and focusing on its ingredients and food services business it can grow greater value for farmer shareholders and unit holders

Fonterra is now forecasting a milk price of $9 for the current year; reported earnings for the latest full financial year fell to $1.128b from $1.577b last year

Fonterra is now forecasting a milk price of $9 for the current year; reported earnings for the latest full financial year fell to $1.128b from $1.577b last year

SkyCity Entertainment Group says in order to preserve 'headroom' with its financing covenants it has suspended dividend payments for both the 2024 and 2025 financial years; earnings guidance for current year downgraded; share price tumbles

SkyCity Entertainment Group says in order to preserve 'headroom' with its financing covenants it has suspended dividend payments for both the 2024 and 2025 financial years; earnings guidance for current year downgraded; share price tumbles

Fonterra's after-tax profits have risen to $1.577 bln, with a full-year dividend of 50c per share and a final declared milk price of $8.22 per kilogram of milk solids

Fonterra's after-tax profits have risen to $1.577 bln, with a full-year dividend of 50c per share and a final declared milk price of $8.22 per kilogram of milk solids

Two major bank economists have lowered their milk price forecasts as dairy prices hover near two-year lows

Two major bank economists have lowered their milk price forecasts as dairy prices hover near two-year lows

Forsyth Barr research analysts see five 'potential positive macro inflections' for a recovery in the second half of next year; namely — inflation, interest rates, GDP, house prices, and government

Forsyth Barr research analysts see five 'potential positive macro inflections' for a recovery in the second half of next year; namely — inflation, interest rates, GDP, house prices, and government

Fonterra reports 3% drop in after tax earnings to $583 million; retains forecast 2022/23 milk price range of $8.50–$10.00, with a midpoint of $9.25; will keep full ownership of Australian business

Fonterra reports 3% drop in after tax earnings to $583 million; retains forecast 2022/23 milk price range of $8.50–$10.00, with a midpoint of $9.25; will keep full ownership of Australian business

Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record

Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record

Following what's set to be a record milk price for the season just finished, ASB economists think the new season could see the price hit double figures for the first time

Following what's set to be a record milk price for the season just finished, ASB economists think the new season could see the price hit double figures for the first time

Fonterra to provide up to $50 mln for buying back its own shares to combat a market 'undervaluing' its shares

Fonterra to provide up to $50 mln for buying back its own shares to combat a market 'undervaluing' its shares

Fonterra is reporting lower earnings for the first nine months of the financial year in the face of margin pressures due to the high current milk price

Fonterra is reporting lower earnings for the first nine months of the financial year in the face of margin pressures due to the high current milk price

Fonterra is now forecasting a farmgate milk price of between $9.10 and $9.50 - which will still be a record

Fonterra is now forecasting a farmgate milk price of between $9.10 and $9.50 - which will still be a record

Govt releases discussion document that looks at striking balance between supporting Fonterra plans while introducing strengthened conditions on matters such as milk price setting

Govt releases discussion document that looks at striking balance between supporting Fonterra plans while introducing strengthened conditions on matters such as milk price setting

Falling levels of milk production here and overseas should see milk prices start next season 'on the front foot', Westpac economists say

Falling levels of milk production here and overseas should see milk prices start next season 'on the front foot', Westpac economists say

Fonterra is to close its office in Moscow and relocate staff elsewhere; confident of finding alternative markets for dairy products

Fonterra is to close its office in Moscow and relocate staff elsewhere; confident of finding alternative markets for dairy products

Dairy co-operative Fonterra maintains its 'mid-price' milk price forecast of $9.60 and forecast earnings of 25c to 35c a share

Dairy co-operative Fonterra maintains its 'mid-price' milk price forecast of $9.60 and forecast earnings of 25c to 35c a share

ANZ economists now forecast a milk price of $9.30 per kilogram of milk solids in the 2022-23 season and $9.70 for the current season

ANZ economists now forecast a milk price of $9.30 per kilogram of milk solids in the 2022-23 season and $9.70 for the current season

Low milk production in NZ and the impacts of the Ukraine war are likely to combine to keep upward pressure on dairy prices in the near term

Low milk production in NZ and the impacts of the Ukraine war are likely to combine to keep upward pressure on dairy prices in the near term

'Perfect storm' could see dairy prices continuing at close to record levels for some time yet

'Perfect storm' could see dairy prices continuing at close to record levels for some time yet

Forsyth Barr research analysts see 'elevated' downside risks to the housing market and more generally see continuation of supply chain woes and inflation and they will be watching out for a few stretched company balance sheets

Forsyth Barr research analysts see 'elevated' downside risks to the housing market and more generally see continuation of supply chain woes and inflation and they will be watching out for a few stretched company balance sheets