Vector Sets 13.5c Final Dividend as Record $512m Auckland Network Spend Grows
Vector declared a 13.5c final dividend, lifting full-year dividends to 26c per share. Total network connections rose 1.6% to 642,134 as the firm invested a record $512m in Auckland’s electricity network. It introduced a dynamic 10kW solar export limit and connected 13,017 new homes and businesses. Vector expects adjusted EBITDA of $540m–$560m.