Australia's Mayfield Group rises on contract win, dividend approval

Mayfield group

28/01/2025 24:37

** Shares of Mayfield Group Holdings  MYG.AX  rise 9.5% to
A$0.92
    ** Stock hits its highest level since Aug 14, 2024
    ** The electrical and telecommunications firm says it
received a contract of A$20 mln ($12.52 mln) within renewable,
data and mining sectors
    ** Says contract received from Central West Orana Renewable
Energy Zone 
    ** Co approves fully franked special dividend of 5.3 AU
cents per share and an interim dividend of 1 AU cent per share
    ** About 206,295 shares change hands, 7.7 times the 30-day
average volume of shares
    ** Stock has gained 15%, YTD

   ($1 = 1.5974 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com;))