NZSE:MFTLogistics
Mainfreight (NZSE:MFT): Valuation in Focus Following Earnings Dip and Higher Dividend Announcement
Mainfreight (NZSE:MFT) has just posted its half-year earnings, revealing higher sales but a drop in net income compared to last year. The company also approved an interim dividend at 85 cents per share, which highlights its ongoing focus on rewarding investors.
See our latest analysis for Mainfreight.
Mainfreight’s announcement of a higher interim dividend and solid sales growth appears to have given the market a jolt, with a one-day share price return of 6.8% and a 7-day return of 6.5%...