Fenix Resources (ASX: $FEX) FY23 Dividend Declaration

Fenix Resources Limited (ASX: $FEX) has declared a final dividend of 2.0 cents per share for the financial year ended 30 June 2023, amounting to a total dividend payment of approximately $13.9 million. The dividend was made on 15 September 2023.

Executive Commentary on Dividend Declaration

The Company will consider the declaration of a dividend on an annual basis based on the full financial year profitability and with regard to the future funding requirements of the business and the availability of franking credits.

Summary of Fenix Resources (ASX: $FEX) FY23 Dividend Declaration

Fenix Resources Limited (ASX: $FEX) has declared a final dividend of 2.0 cents per share for the financial year ended 30 June 2023, totaling approximately $13.9 million. The Company's dividend policy states that the declaration of a dividend is considered on an annual basis, taking into account the full financial year profitability and the future funding requirements of the business, along with the availability of franking credits. Fenix Resources does not have a dividend reinvestment plan. The Interim Report for the period ended 31 December 2023 covers Fenix Resources Limited and its controlled entities, and is based on separately lodged consolidated financial statements and financial report which has been audited by Grant Thornton Audit Pty Ltd.