Fonterra Co-operative Group Limited
(ASX:FSF) has confirmed it will pay part of its forecast final dividend earlier, to support farmers with tight on-farm cash flows.
Solid financial performance in the 9 months to 30 April has enabled Fonterra to declare the 10 cent dividend today.
The latest dividend payment will bring total payments made so far this year to 30 cents per share.
The company has indicated it is maintaining its earnings per share range of 45-55 cents, and continues to forecast a total dividend of 40 cents per share for the year.
Fonterra Shareholders Fund reported a net profit of $16.25 million at 31 July 2015.
