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How Did Duxton Water Slash $108M Debt and Boost Lease Yields Amid Drought?
7:02am on Friday 1st of August, 2025 AEST
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Agriculture
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How Did Duxton Water Slash $108M Debt and Boost Lease Yields Amid Drought?
7:02am on Friday 1st of August, 2025 AEST
Key Points
Repayment of $108 million debt reduces gearing to 5%
16th consecutive fully franked dividend paid at 3.71 cents per share
Lease yields rise to approximately 5% per annum
Water portfolio valued at $291 million with post-tax NAV of $1.65 per share
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