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Ātihau Whanganui Incorporation increases its dividend


Ātihau Whanganui Incorporation increases its dividend
15 Dec, 2020 04:00 PM
4 minutes to read
The incorporation farms 34,800ha, mainly in the Ruapehu District. Photo / Gareth Gardner
Laurel Stowell is a reporter for the Whanganui [email protected]
The region s largest farming entity has an increased operating surplus despite a year disrupted by Covid-19 and a long autumn drought.
The Ātihau Whanganui Incorporation had its annual general meeting at Whanganui s racecourse on December
10. Its shareholders had a chance to vote on an increased dividend of 80 cents a share.
The incorporation farms 34,800ha in the Whanganui and Ruapehu districts, and has more than 9000 shareholders. Total revenue in the last financial year was $27.2 million, with a $7.4 million surplus. ....

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