MARKETS

Santos dividend rises third year in row

SANTOS is returning cash to shareholders via a dividend payment 78% higher over last year on the back of surging oil and gas prices even as higher productions weigh on this year's profit.

Helen Clark

Kevin Gallagher

Its interim dividend is now 15.1cps over 8.50 last year. Some analysts were still expecting a higher return. The full year dividend is 22.7c. Its $700 million share buy back is about halfway through. ...

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