NZ's Mainfreight Ltd hits record high on interim dividend payout

Mainfreight

11/11/2020 01:01

** Shares of Mainfreight Ltd  MFT.NZ  rise as much as 3.26%
to record high of NZ$60.1
    ** Logistics firm approves interim dividend of 30 NZ
cents/share and posts a 23.4% rise in HY profit before tax
 urn:newsml:reuters.com:*:nNZW9XCzZg
    ** Says domestic and international volumes were strong and
continued to benefit NZ's business units
    ** MFT is third-biggest percentage gainer on the S&P NZX 50
index  .NZ50 
    ** Stock up 37% this year, as of last close, compared with a
9.75% increase in the S&P NZX 50 index  .NZ50 

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.mishra@thomsonreuters.com))