Downer EDI (ASX:DOW) Declares A Final Unfranked Dividend Of 8.0 AU Cents Per Share

<WIRE> Downer EDI (ASX:DOW) Declares A Final Unfranked Dividend Of 8.0 AU Cents Per Share

Thursday, 10 August 2023

Downer EDI (ASX:DOW) has announced the declaration of a final unfranked dividend of 8.0 AU cents per share.

The company is commencing FY24 with a high percentage of secure revenue and is aiming for continued improvement in its EBITA margin for FY24.

The first half of FY24 will be impacted by the run-off of existing low-margin contracts and the timing of its utilities recovery.

Downer EDI is targeting stronger earnings in the second half of FY24.

Downer EDI is a provider of integrated services in Australia and New Zealand.

<SPON> Trade share CFDs with Plus500

Apr 4, 2022

Global online trading services company, Plus500:

Plus500 trading platform allows you to trade shares from all popular markets such as USA, UK, Germany and more, with leverage and low spreads. Using our advanced trading tools, you can also control your profits and losses.

Plus500AU Pty Ltd, AFSL #417727 issued by Australian Securities and Investments Commission. Based in Sydney.

LINK

<AD>

<WIRE> Downer EDI (ASX:DOW) Declares A Final Unfranked Dividend Of 8.0 AU Cents Per Share

Supported by

<SPON> Trade share CFDs with Plus500

Subscribe to the newsletter