date:Jun 26, 2014
cash flows were applied to funding business activities and returning a fully franked dividend to shareholders. The Board announced a final fully franked dividend of 9.0 cents per share for the last six months, payable on 25 July, taking total dividends to 18.5 cents per share for the full year.
The Board also announced the Dividend Reinvestment Plan (DRP) would be underwritten to 50 per cent. Metcash said this reflected a greater allocation of earnings to internal investment in the business in