Tamawood (ASX: $TWD) Interim Dividend Announcement

Tamawood (ASX: $TWD) has announced an interim dividend of 11 cents fully franked for the period ending December 2023. This follows a final dividend of 16 cents for FY 2023, bringing the total dividend for the previous 12 months to 27 cents partially franked. The company remains debt-free, with consistent levels of enquiries and sales over the past six months. Despite challenges in the housing industry, Tamawood's management and staff actions over the last 2 years have maintained comfortable margins for the company's future.

Executive Commentary

We are pleased to announce the interim dividend of 11 cents fully franked for the period ending December 2023. Our debt-free status and consistent levels of enquiries and sales over the past six months reflect the resilience of our business. Despite the challenges in the housing industry, our management and staff have effectively maintained our margins, providing a solid foundation for our future endeavors. We appreciate the ongoing support of our shareholders and remain committed to delivering value. - Robert Lynch, Chairman

Summary of Announcement

Tamawood (ASX: $TWD) has announced an 11 cents fully franked interim dividend for the period ending December 2023, following a final dividend of 16 cents for FY 2023. The company remains debt-free and has experienced consistent levels of enquiries and sales over the past six months. Despite industry challenges, Tamawood's management and staff have effectively maintained comfortable margins, positioning the company for future stability. The announcement reflects the company's commitment to delivering value to its shareholders and its resilience in the face of industry difficulties.