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topicnews · August 27, 2024

Meridian increases dividend by 25% after “strong operating results”

Meridian increases dividend by 25% after “strong operating results”

Power generator reports higher wholesale margins and CEO salaries.

Meridian CEO Neal Barclay.

Power generator and retailer Meridian has increased its final dividend by 25% and its chief executive’s pay by 73% as higher wholesale margins led to strong operating results for the year to June.

In a statement to the NZX this morning, Meridian focused on its operating cash flows of 667

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