The board of directors of NRW Holdings Limited agreed an updated dividend policy as advised at the half year. The policy, in summary assumes a dividend payout ratio of between 40% to 60% of Normalized Net Earnings (Net Earnings excluding non-cash amortization of intangibles and non-recurring transactions). In line with that policy, the Board has resolved to pay a fully franked final dividend of 5 cents per share. The final dividend will be paid on 13 October 2021. The total dividend payment for financial year 2021 will be 9 cents per share or $40.4 million representing a 53.8% pay out of NPATA.