Business
Nine (ASX:NEC) share price on watch as profit doubles
Nine Entertainment Co Holdings Ltd (ASX: NEC) has more than doubled its profit for the half-year ending 30 December.
The media company reported on Wednesday morning it raked in $181.9 million of consolidated net profit after tax, compared to $87.3 million the year before.
The positive result in a half-year affected by COVID-19 meant Nine has decided to give out an interim dividend of 5 cents per share fully franked.
This restores the dividend payout back to pre-pandemic levels.
| Dividend ex-date | Type | Amount | Franking |
| 4.3.2021 | Interim | 5 cents | 100% |
| 9.9.2020 | Final | 2 cents | 100% |
| 5.3.2020 | Interim | 5 cents | 100% |
| 26.9.2019 | Final | 5 cents | 100% |
| 5.3.2019 | Interim | 5 cents | 100% |
| Table created by the author | |||
The share price for the…
