Port of Tauranga Ltd T.POT

Primary Symbol: PTAUF

Industrials Shipping & Ports

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 Ltd > I wish they would just cut the dividend

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Comment by PrairieOilon Jan 25, 2016 7:05am

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Post# 24489676

RE:RE:RE:RE:RE:I wish they would just cut the dividend

Potash Corp will not cut their dividend. I was an employee of PCS in Saskatchewan during the layoffs of 2013. PCS laid off 20% of its work force rather than saving jobs of its 1000 workers. A letter from the premier pf Sask to the board of directors was basically tossed in the garbage saying the dividends were 'sacrosanct'. https://www.theglobeandmail.com/report-on-business/top-business-stories/potash-corp-to-saskatchewan-premier-brad-wall-our-dividend-is-not-sacrosanct/article15800457/?service=mobile

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