NZ's Radius Residential jumps over 6-month high on resuming dividends

Radius Residential Care

01/04/2024 23:49

** Shares of New Zealand's Radius Residential Care  RAD.NZ 
rise as much as 8.6% to NZ$0.139 ($0.0827), their biggest
intraday pct. gain since Sept. 13, 2023
    ** Stock touches its highest level since March 15
    ** Specialized aged care services provider says it has
cleared short-term debt and intends to resume dividends
    ** Co confirms the previously provided outlook for FY24
    ** About 142,883 shares change hands, compared with the
30-day average volume of 18,433 shares
    ** Stock down 2.1% so far this year as of last close


($1 = 1.6801 New Zealand dollars)

 (Reporting by Megha  Rani)
 ((Megha.Rani2@thomsonreuters.com;))