Australia-Pacific

A2 Milk declares $300 million special dividend after clearing regulatory hurdles

New Zealand-based dairy company A2 Milk has declared a $300 million special dividend after clearing regulatory hurdles. The payout is scheduled for 24 July. The decision reflects the company's strong cash position.

A dairy farm with green pasture
A dairy farm with green pasturePhoto: Erwin Bosman / Pexels
RNZ Business1 h agoATM

New Zealand-based dairy company A2 Milk has announced it will pay a $300 million special dividend after completing regulatory approvals.

The company said the payout will be made on 24 July. The special dividend reflects A2 Milk's strong cash position and its willingness to return value to shareholders.

A2 Milk sells infant formula and dairy products, with a notable presence in China and the wider Asia-Pacific market. Investors viewed the move as a positive signal about the company's financial health.

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This article is an AI-curated summary of the original story published by RNZ Business. The illustration is a stock photo by Erwin Bosman from Pexels and is not from the original story.

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