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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

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Why CIMIC, oOh!Media, ResMed, & Resolute shares are dropping lower

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Cimic share price on watch as half-year profit slumps

The CIMIC Group Ltd (ASX: CIM) share price is one to watch this morning after scrapping its interim dividend amid a net profit slump. More »


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Why AP Eagers, CIMIC, NAB, & Virgin Money shares are charging higher

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Cimic share price dips despite $2.5 billion contract win

The Cimic Group Ltd share price has failed to react to a $2.5 billion mining services contract win. More »


ASX 200

ASX 200 starts the week with a fall of 5.6%

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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 »


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.