Investor Snapshot 18 Jul 17: CIMIC lifts interim dividend by 25%
CommSec
Online Stockbroker
CIMIC shares are rallying today after the construction giant reported a 22% rise in half year net profit to $322.9 million and a 25% jump in its interim dividend to 60 cents a share.
- 1H net profit +22% to $322.9m
- Interim dividend +25% or 12c to 60c/share (payable Oct 4)
- Cash flows improved to $620m
- Cash rose to $608m. Sets up well for future acquisitions &/or capital returns
- Reaffirmed FY profit guidance of $640 - $700m
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CommSec
Online Stockbroker
Online Stockbroker
CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
Expertise
No areas of expertise
CommSec
Online Stockbroker
Online Stockbroker
CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
Expertise
No areas of expertise
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