At its Annual General Meeting, Macmahon Holdings Ltd. (MCHHF.PK,MAH.AX) announced a strategic update to its dividend policy, reflecting strong performance in fiscal 2025 and a positive outlook for the year ahead. The Board revealed that it has raised the target payout ratio range for fiscal year 2026 and beyond to 30% to 45% of underlying earnings per share. This adjustment aligns with the company's ongoing capital allocation strategy and will continue to be reviewed periodically.
During the meeting, the Board also declared a final dividend of 0.95 cents per share, bringing the total dividend for FY25 to 1.50 cents per share. This marks a 43% increase compared to fiscal 2024 and is consistent with the Company's previous target payout ratio range of 20% to 35% of underlying earnings per share. The announcement underscores Macmahon's commitment to delivering shareholder value while maintaining financial discipline.
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