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Clouds hover over AACo investor dividend hopes

Liam WalshReporter

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AACo has dumped cold water on the dividend hopes of shareholders complaining about the beef giant’s lack of payouts since 2008.

Questions about dividends came as a solid core of investors voted at AACo’s annual general meeting against the company’s pay practices and the re-election of chairman, corporate veteran Donald McGauchie.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/companies/agriculture/clouds-hover-over-aaco-investor-dividend-hopes-20210728-p58dqf