Pilbara worries cloud Aurizon dividend boost

Original article by Jenny Wiggins
The Australian Financial Review – Page: 15 : 18-Aug-15

Aurizon has reported a 15 per cent rise in underlying net profit after tax to $A604 million. The Australian-listed rail group informed investors on 17 August 2015 that its dividend payout ratio would rise to 70 to 100 per cent of underlying net profits after tax, from 60 to 70 per cent. Coal volumes are expected to remain unchanged between 210 million and 220 million tonnes in 2016 while iron ore volumes are forecast to decline to 24 million tonnes in 2016.

CORPORATES
AURIZON HOLDINGS LIMITED – ASX AZJ, PERPETUAL LIMITED – ASX PPT, GVK POWER AND INFRASTRUCTURE LIMITED

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