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CIMIC Group Ltd (ASX: CIM) Share Price and News

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CIMIC Group Ltd (CIM, formerly Leighton Holdings Limited) is an ASX construction, mining, and services company that operates across the lifecycle of assets, infrastructure and resources projects. CIMIC Group has a number of different brands under its banner, including CPB Contractors, UGL, Thiess, and Sedgman.

The company was formed in Australia in 1949 as Leighton Contractors and went on to list on the Melbourne Stock Exchange in 1962. In the wake of corruption allegations in 2015, the company changed its name to CIMIC, which stands for Construction, Infrastructure, Mining and Concessions. Today, CIMIC shares sit within the S&P/ASX 200 Index (ASX: XJO) and the company is a known ASX dividend-payer.

CIMIC Group Ltd (ASX: CIM) Latest News

ASX 200

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The S&P/ASX 200 Index (ASX:XJO) has fallen another 5.6% at the start of the week due to the ongoing coronavirus outbreak. More »


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ASX 200

ASX 200 falls again on more coronavirus disruption

The S&P/ASX 200 Index (ASX: XJO) fell another 3.4% today as the coronavirus continues to infect the market. More »


ASX 200

Billions wiped out again, ASX 200 plunges over 7%

The S&P/ASX 200 Index (ASX:XJO) plunged over 7% today, marking another of the worst days in its history again. More »


Acquisition

CIMIC share price edges higher on new contract wins

The CIMIC Group Ltd (ASX: CIM) share price is edging higher today after the company announced two new major rail sector contracts. More »


handshake agreement

CIMIC share price lower despite new contract wins

The CIMIC Group Ltd (ASX:CIM) share price is on the move on Monday after announcing three new project wins worth almost $250 million... More »


Looking through magnifying glass

The ASX 200 stock positioned better than most to the construction boom

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outperform

Why the Monadelphous share price is the top performer on the ASX 200 today

The Monadelphous Group Limited (ASX: MND) share price jumped this morning after the construction and engineering group posted its first half results and outlook. More »


balance sheet

CIMIC under fire for forcing supply chain finance

Cimic Group Ltd (ASX: CIM) is under fire again over its use of supply chain financing. More »


shares lower

Why Mayne Pharma and these ASX shares just hit multi-year lows

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FAQ

Will Cimic pay a dividend in 2020?

Cimic pays twice yearly dividends which, since 2015 have been fully franked. Prior to 2015, the company’s dividends ranged between unfranked, partially franked and fully franked. Cimic’s dividends are typically paid in July and October with the company’s last interim dividend of 71 cents per share having been paid on 3 October 2019.

Does Cimic offer a DRP?

At present Cimic does not offer a dividend reinvestment plan, having suspended their plan in 1996. Since that time, the company has periodically executed a number of entitlement offers and share purchase plans. It is also currently engaged in a second, on-market share buy back which aims to enhance shareholder returns and capital efficiency.