Australian Pipeline has announced a dividend distribution for the quarter ending 31 March, 2003.
The dividend will be made up of 4.5 cents income distribution per unit and 0.5 cents capital distribution per unit, making for a total of 5 cents.
The company says the income distribution will be unfranked and it does not expect there will be any further significant franking credits available for distribution until the 2004 financial year. Payment is set for the 26th of June 2003.
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