Why James Hardie suspended dividend? WATCH NOW!

  • May 05, 2020 AEST
  • Team Kalkine

Building products manufacturer James Hardie has suspended dividend payments due to the coronavirus pandemic and has tightened its profit guidance to $US350 million to $US355 million ($A546 million-$A554 million). In a trading update, management said dividends for the full year 2020 were suspended to help liquidity and manage market volatility.

Outdoor wear retailer Kathmandu has seen a surge in online sales in April but will open most of its stores in Australia by the end of this week as strict restrictions for COVID-19 are eased.

Apple will reopen all but one of its Australian retail stores this Thursday after they were closed for more than a month amid the coronavirus pandemic.

 


Disclaimer
The video has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above video is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

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