Business
Kathmandu (ASX:KMD) share price on watch as dividends resume
Kathmandu Holdings Ltd (ASX: KMD) shares are on watch today after the company released its half-year results and reported its dividend has resumed. The Kathmandu share price closed Monday’s session 1.3% lower at $1.14.
Let’s look closer at Kathmandu’s announcements today.
Kathmandu’s half-year results
The Kathmandu share price will be in focus this morning after the company announced it will pay shareholders a dividend for the first time since October 2019. Although, the NZ 2 cent (AUD 1.9 cent) per share fully franked dividend is the company’s smallest yet.
Kathmandu boasted that its half-year sales were up by 12.9% to around $410…
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