Event non-ATF Mobile

Sydney Airport Limited (ASX:SYD) updated the market about its liquidity, dividend distribution and traffic update. Key snippet are as follows:

  • To further strengthening SYD’s balance sheet, the Company secures $850 million of additional bank debt facilities.
  • Due to COVID-19, SYD declares that it will not pay its half year dividend.
  • Sydney Airport implemented measures to strictly reduce operating cost, such as reducing CEO’s fixed remuneration and directors’ fees by 20 percent.
  • Due to tightening of travel restrictions, there has been substantial impact on traffic performance for March.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.



All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK