News | Business
20 Feb 2026 21:16
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Fonterra's announced an extra dividend for farmers - as it pushes ahead with the sale of its consumer arm

    Fonterra's announced an extra dividend for farmers - as it pushes ahead with the sale of its consumer arm


    Fonterra
    Fonterra
    Farmers have now voted, twice, in favour of the 4.2 billion dollar sale.

    The dairy's co-op's still targeting a dividend of 45 to 65 cents per share, from ongoing earnings.

    It's also planning to pay out two-dollars per share, from the sale of its consumer arm.

    But it's today announced another dividend - of about 14 to 18 cents per share - from what its consumer business is earning, before the sale goes through.

    Fonterra's also raised its forecast midpoint payout, from nine-dollars to nine-dollars-50.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     20 Feb: Hopes are lifting among Auckland businesses for the economic recovery
     20 Feb: Fonterra is raising its forecast payout to farmers, following the latest rise in global dairy prices
     20 Feb: An urban planning specialist is advising the government to be careful changing a development plan he believes was already working
     20 Feb: A claim that a lack of competition is letting Air New Zealand slacken on standards
     19 Feb: Confidence green pastures lie ahead for Fonterra, as the sale of brands like Anchor and Mainland nears completion
     19 Feb: A Sky Sport Now subscription's about to become more costly
     19 Feb: The Reserve Bank says severe weather is partly to blame for the recent sharp rise in the cost of food
     Top Stories

    RUGBY RUGBY
    High hopes for one of the Hurricanes' newest recruits More...


    BUSINESS BUSINESS
    Hopes are lifting among Auckland businesses for the economic recovery More...



     Today's News

    National:
    Andrew’s arrest: will anything like this now happen in the US? Why hasn’t it so far? 21:07

    General:
    Kyra Wheatley ready to ride the chaos and speed of ski cross at Milano Cortina 2026 Winter Olympics 21:07

    Entertainment:
    Margot Robbie worried she was "dumb" after deciding against going to university 20:47

    Entertainment:
    Rose Byrne has joked she "drinks a lot of alcohol" to decompress after work 20:17

    Entertainment:
    Baz Luhrmann is bringing Elvis Presley's story to theatres in a new stage show 19:47

    Entertainment:
    Tyra Banks refused to speak to Jay Manuel when he returned to America's Next Top Model 19:17

    Rugby League:
    New Zealand Warriors coach Andrew Webster is embracing the team's unfortunate injury-run, as they finish their NRL pre-season against the Dolphins in Sydney tonight 18:57

    International:
    Timeline of key moments leading to former prince Andrew's arrest 18:57

    Entertainment:
    Taylor Swift has thrown her support behind Team USA's figure skaters as they prepare to take to the ice at the Winter Olympics 18:47

    Environment:
    High hopes for one of the Hurricanes' newest recruits 18:37


     News Search






    Power Search


    © 2026 New Zealand City Ltd