Sigma Healthcare (ASX:SIG) unable to pay fully franked dividend

Company News

by Rachael Jones

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Last Updated: 24/02/2020 3:59 PM

Sigma Healthcare (ASX:SIG) reports that the transformation of their business has left them unable to pay a fully franked dividend in 2020.

The company does remain on target to deliver FY20 Underlying EBITDA guidance of approximately $46-47 million.

Sigma CEO and Managing Director Mark Hooper says “Our underlying business is performing strongly, with FY20 financial results remaining on track.”

Shares in Sigma Healthcare (ASX:SIG) are trading 0.85 per cent lower at 58 cents.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.