NZSE:ATMFood
Is a2 Milk (NZSE:ATM) Fully Priced As China Approval Unlocks a Special Dividend?
a2 Milk (NZSE:ATM) has drawn fresh attention after its board declared a fully franked, unimputed special dividend of NZ$300 million, following Chinese regulatory approval for the transition of key infant formula registrations.
See our latest analysis for a2 Milk.
The special dividend and China registration approval come after a sharp 42.19% 1 month share price return for a2 Milk. However, the share price is still down 15.27% year to date and the 3 month share price return declined 20.18%. At...