nzherald.co.nz

Vector Sets 13.5c Final Dividend as Record $512m Auckland Network Spend Grows

Vector Limited logoVector Limited
Sig3.35Sen+4.25Env+2.55Soc+3.10Gov+1.15

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.

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