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Fletcher Building Limited (ASX: FBU) Share Price and News

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Fletcher Building Limited (FBU) is a home builder and building products company. Its operations span the entire building supply chain, from raw materials right through to construction.

The company operates across 6 main divisions: building products, distribution, concrete, residential and development, construction, and Australia. Some of the leading brands under the company’s banner include Laminex, iPlex, and Tradelink.

Fletcher Building’s history dates back to 1909 when founder James Fletcher built his first house in Dunedin, New Zealand. Today, the company has expansive operations across New Zealand, Australia and the South Pacific, employing over 16,000 people. Fletcher Building shares are dual-listed on the ASX and NZX.

Fletcher Building Limited (ASX: FBU) Latest News

What to watch on the ASX on Friday

Wesfarmers Ltd (ASX:WES) and Fletcher Building Limited (ASX:FBU) shares will be on watch on Friday. Here's what you need to know... More »


ASX 200

ALL ORDINARIES finishes lower Wednesday: 9 shares you missed

The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) finished lower on Wednesday. More »


fastbrick robotics, robot, house, building

Why the Fletcher Building Limited share price is crashing 

Fletcher Building Limited (ASX:FBU) announced further losses and the breach of two financial covenants.  More »


fastbrick robotics, robot, house, building

Why Fletcher Building Limited is in a trading halt 

Fletcher Building Limited (ASX:FBU is expected to reveal further losses on its Building and Interiors projects. More »


ASX 200

ALL ORDINARIES finishes lower Tuesday: 8 shares you missed

The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) finished lower on Tuesday. More »


fall, tumble, down

Why these 4 ASX shares tumbled lower today

The Wesfarmers Ltd (ASX:WES) share price is one of four tumbling lower today. Here’s why… More »


construction, building, commericial

Fletcher Building Limited (Australia) shares sink to a 52-week low on market update

The Fletcher Building Limited (Australia) (ASX:FBU) share price sank to a 52-week low today. Here’s why… More »


thumbs down

ALL ORDINARIES finishes lower Thursday: 8 shares you missed

The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) finished lower on Thursday. More »


coke

3 no-brainer shares I would sell today

Here’s why I would consider selling QBE Insurance Group Ltd (ASX:QBE) and Fletcher Building Limited (Australia) (ASX:FBU). More »


sinking

Why these 4 ASX shares sank like stones today

The Bellamy's Australia Ltd (ASX:BAL) share price is one of four sinking like stones today. Here’s what you need to know… More »


construction, building, commericial

Fletcher Building Limited (Australia) shares sink on second profit downgrade

The Fletcher Building Limited (Australia) (ASX:FBU) share price has fallen over 31% this year now on the back of two profit downgrades. Here’s what... More »


Top broker names 8 big cap shares with “hidden value”

There are a number of large cap stocks with hidden value that, if unlocked, could see their share prices surge by between 20% and... More »


Why these 4 ASX shares are ending the week with a bang

The Zelda Therapeutics Ltd (ASX:ZLD) share price is one of four shares finishing the week with strong gains. Here’s what you need to know… More »


Why these 4 ASX shares were CRUSHED in March

Here’s why the Cabcharge Australia Limited (ASX:CAB) share price was one of four that was crushed on the market in March… More »


FAQ

Will Fletcher Building pay a dividend in 2020?

Up until the first half of 2020, Fletcher Building has been paying twice yearly dividends every year since it listed on the ASX in 2001. The company has paid three fully franked dividends during this time with the remainder of its payments being unfranked.

Fletcher Building was scheduled to pay an interim dividend of 8.97 cents per share on 9 April 2020 however, in an announcement released on 25 March, this payment was cancelled due to the impacts of COVID-19 restrictions. Also included in the announcement was advice that the company would be suspending its on-market share buyback program and withdrawing its FY20 EBIT guidance. Since then, Fletcher Building has made cuts to its capital expenditure and also achieved amendments to its banking agreements in an effort to shore up the balance sheet. The company is yet to announce whether a final dividend is to be paid and will release its full year results for FY2020 on 19 August.

Does Fletcher Building offer a DRP?

Yes. Fletcher Building offers shareholders residing in Australia and New Zealand the option of either full or partial participation in its dividend reinvestment plan. The Fletcher Building Board may, at any time, determine that the DRP will not apply to a particular dividend payment by making an announcement to the market.