Djerriwarrh Investments Limited Declares Final Dividend for the Year Ended June 30, 2018, Payable on August 27, 2018; Announces Earnings Results for the Year Ended June 30, 2018
August 26, 2018 at 09:13 pm EDT
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The Directors of Djerriwarrh Investments Limited have declared a final dividend of 10 cents per share fully franked at 30%. The aggregate amount of the final dividend for the year to 30 June 2018 to be paid on 27 August 2018.
The company announced earnings results for the year ended June 30, 2018. For the full year, the company reported total revenue was AUD 34,466,000 against AUD 30,937,000 a year ago. Income from operating activities was AUD 46,229,000 against AUD 44,153,000 a year ago. Operating result before income tax expense was AUD 39,515,000 against AUD 37,508,000 a year ago. Net operating result for the year was AUD 36,006,000 against AUD 33,842,000 a year ago. Profit for the year was AUD 31,445,000 against AUD 33,678,000 a year ago. Basic earnings per share were AUD 14.27 against AUD 15.39 a year ago. Net cash inflow from operating activities was AUD 32,258,000 against AUD 36,126,000 a year ago.
Djerriwarrh Investments Limited is an Australia-based investment company. The Company is engaged in Australian equities with a focus on stocks where there is an active options market. The Company uses exchange-traded options to enhance income returns for investors. The Company seeks to provide an enhanced level of fully franked income that is higher than what is available from the S&P/ASX 200 index. The enhanced dividend yield is achieved through a bias to investing in higher dividend yielding companies, as well as using option strategies to generate additional income and realized capital gains. The Company invests in various sectors, including other financials, banks, industrials, materials, healthcare, consumer discretionary, consumer staples, real estate, communication services, energy, information technology, and cash.
Djerriwarrh Investments Limited Declares Final Dividend for the Year Ended June 30, 2018, Payable on August 27, 2018; Announces Earnings Results for the Year Ended June 30, 2018