On 20 September 2018, Brickworks Limited (ASX: BKW) announced its financial results for the year ended 31 July 2018. The total revenue from operating activities declined by 2.5% from $841.8 million in 2017 to $821.1 million in 2018. The EBIT of the company was $279.8 million in 2018 which is 14% higher compared to the previous year. The increased underlying earning within the Building products, investment and property resulted in a total EBITDA of $309.2 million. The net profit after tax of the company declined by 5.8% from $186.2 million in 2017 to $175.4 million in 2018.The NPAT declined mostly due to restructuring and commissioning cost of Building Products. Basic earnings per share was 117.5 cents which are 5.9% less as compared to the previous year. During the FY 2018, the cash proceeds which were received from Property Trust sales were reinvested in Property Trust to fund further growth developments. The companyâs board has declared a final dividend of 36.0 cents fully franked which has brought the total dividend 54 cents per share for the year 2018.
After the release of the financial result, the share price of the company declined by 5.032 percent as on 20 September 2018.
BKWâs share traded at $16.230 with market capitalization of circa $2.55 billion as of 20 September 2018 (AEST 3:23 PM)
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a companyâs prospect.
One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkineâs team of analysts bought you handpicked report for âTop 25 Dividend Stocks For 2018.â
ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.
Click here to get your free report.
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people.Â Kalkinemedia.comÂ and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.