Metcash
Metcash Trading Limited (MTS) is a company engaged in the wholesale marketing and the distribution of liquor, food and other fast-moving consumer goods. MTS was listed on the Australian Stock Exchange on the 8th of April 2005. Its average annual revenue reaches approximately $9.7 billion. Its headquarters is located in New South Wales, Australia and to date; around 4,300 people are employed in the company. Metcash Trading Limited mainly operates in three business segments: Australian Liquor Marketers, Campbells Cash & Carry and IGA Distribution.
Grocery wholesaler, Metcash (ASX:MTS) have released their earnings forecast to the ASX stockmarket.
- Metcash has announced that it will grow by "low to mid-single digits" for its existing businesses in 2012-13.
- The adjusted earnings guidance comes after its capital raising, acquisitions and expects earnings per share dilution to be 1 to 3 percent in 2013.
Grocery wholesaler, Metcash (ASX:MTS) has held 50.1 percent of Mitre 10 for more than 2 years and has paid $46.5 million for the remaining share. The acquisition of the remaining 49.9 percent stake includes over 400 Mitre 10 and True Value retail shopfronts as well as distribution rights to over 400 independent unbranded hardware shops.
Study the historical dividends for METCASH LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive MTS dividends if you own the company's stock on the ex-dividend date. Investor's must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the MTS dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.
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