Port Of Tauranga Ord Shs T.POT

Primary Symbol: PTAUF

Industrials

Port of Tauranga Limited is a New Zealand-based company that carries out business through the provision of wharf facilities, land, and buildings, for the storage and transit of import and export cargo, berthage, cranes, tugs, and pilot services for customers. It operates in three segments: Port operations, Property services, and Terminal services. The Port operations segment consists of providing and managing port services, and cargo handling facilities through the Port of Tauranga, MetroPort, and Timaru Container Terminal. The Property services segment consist of consists of managing and maintaining the Port’s property assets. The Terminal services segment consists of the contracted terminal operations, general container marshalling and ancillary services of Quality Marshalling (Mount Maunganui) Limited (Quality Marshalling). It provides customers with supply chains through investment in regional feeder ports and inland freight hubs.

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Port Of Tauranga Ord Shs > Dividend is now 9.5%

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Post by investedwolfon Jan 06, 2016 4:40pm

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Post# 24434410

Dividend is now 9.5%

Be careful here as this is a red flag that is screaming that the dividend will be cut. They are paying out 95% now which is far to high considering our Economy. This possible announcement would drive the share price under twenty dollars in a flash. A $3.00 gap down one morning is totally possible.

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