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Austal Limited (ASX: ASB) Share Price and News

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Austal Limited (ASB) is an Australian shipbuilder that designs and constructs commercial and defence vessels across the globe. The company commenced operations in Perth, Western Australia in 1988 and has since gone on to deliver more than 300 vessels for 100 operations in 54 countries.

Austal considers many of the world’s leading ferry operators, navies and defence forces as customers, including the US Navy and Australian Border Force. Along with shipbuilding operations, Austal also provides vessel maintenance and management services, as well as vessel command and control systems.

Since listing on the ASX in 1998, Austal has diversified and strengthened its product base and continues to focus on research and development.

Austal Limited (ASX: ASB) Latest News

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ASX Stock of the Day: Austal share price surges 9% on US Government agreement

The Austal Limited (ASX: ASB) share price has surged 10% today after the shipbuilder announced a US$50 million agreement with the US Government. More »

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Will Austal pay a dividend in 2020?

Austal paid its interim dividend for FY20 on 17 April 2020. The dividend payment was 3 cents per share, and was not franked. 

Does Austal offer a DRP?

Yes, Austal offers a dividend reinvestment plan (DRP) as an alternative to receiving cash dividends on Austal ordinary shares.