AUSTRALIAN Pharmaceutical Industries Limited (API) shareholders will receive fully franked dividend of 7.75 cents per share, up from 7.5 cents in 2018.
In an letter to shareholders published on the Australian Securities Exchange (ASX), API said the dividend payout ratio was 70% reflecting earnings per share of 11.2 cents.
The above article was sent to subscribers in Pharmacy Daily's issue from 13 Dec 19
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