Treasury Wine Estates lifts its dividend

Company News

by Rachael Jones

Treasury Wine Estates (ASX:TWE) has lifted its full year dividend by 19 per cent to 38 cents per share on the prior corresponding period after growth in Asian sales.

NPAT is up $419.5 million, that's up 16 per cent on the prior corresponding period.

Asia reported 43 per cent EBITS growth to $293.5 million and an EBITS margin of 39.2 per cent, driven by increased availability of Luxury and Masstige wine and growing demand.

Shares in Treasury Wine Estates (ASX:TWE)