SEEK (ASX:SEK) slashes its dividend
Employment company SEEK (ASX:SEK) announced its results for the 6 months ended 31 December 2019 showing NPAT of $75.6 million, a decline of 24 per cent from the prior corresponding period of $99 million.
Reported Revenue of $875.5 million a growth of 16 per cent.
EBITDA of $247.4 million, a rise of 4 per cent on the prior corresponding period.
Seek cut its interim dividend from 24 cents a share, to 13 cents.
Share in SEEK (ASX:SEK) are trading 4.60 per cent lowe at $21.38.
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Source: Finance News Network
