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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.

What s in a Name: Persigo

A May 7, 1999, Daily Sentinel headline, asked that very question. “Prior to 1984, ‘Persigo’ was known as Persigo Wash, a drainage ravine carrying drainage and spill water from the Government Highlight Canal to the Colorado River,” the accompanying story explained. “Persigo Wash still carries out this function. However, 1984 saw the completion of construction of a regional wastewater treatment plant on River Road, near 21½ Road, close to Persigo Wash,” the story said, adding that the treatment plant replaced the aging West Side Treatment Plant, which was considered state-of-the-art when it was built 50 years earlier. The first mention of “Persigo” in the Grand Junction News archives is Jan. 16, 1892, in a story that detailed exciting plans for the new “town of Persigo.”

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