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
Phil Harpur | March 11, 2020 1:41pm
The CIMIC Group Ltd (ASX: CIM) share price is edging higher today after the company announced two new major rail sector contracts. More »
Brendon Lau | February 19, 2020 9:44am
The Seven Group Holdings Ltd (ASX: SVW) share price is under the spotlight this morning after it showed that it was well positioned to... More »
Brendon Lau | February 18, 2020 10:59am
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 »
James Mickleboro | February 17, 2020 7:41am
Mayne Pharma Group Ltd (ASX:MYX) and these ASX shares have just hit multi-year lows. Here's why they are down in the dumps right now... More »
Tristan Harrison | February 6, 2020 4:50pm
The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) ended up on Thursday, here are 8 ASX shares you missed. More »
Tristan Harrison | February 5, 2020 4:53pm
The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) ended up on Wednesday, here are 8 ASX shares you missed. More »
James Mickleboro | February 5, 2020 1:45pm
The Galaxy Resources Limited (ASX:GXY) share price is one of four jumping higher on the ASX on Wednesday. Here's why... More »
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.