Business Scoop » LIC Annual Results 2020-21, Farmers Investing In High Value Genetics To Help Meet Sector's Climate Goals

Press Release – Livestock Improvement Corporation
Livestock Improvement Corporation (NZX: LIC) announces its financial results for the year ending 31 May 2021, reporting increased revenue, profit and a strong balance sheet with no debt at year end. The farmer-owned co-operative will return $17.8 million …
Livestock Improvement Corporation (NZX: LIC) announces its financial results for the year ending 31 May 2021, reporting increased revenue, profit and a strong balance sheet with no debt at year end.
The farmer-owned co-operative will return $17.8 million in dividend to shareholders, which equates to 12.51 cents per share. The fully imputed dividend represents a 14.4% gross yield based on the current share price of $1.21. The dividend will be distributed on 20 August.

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