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
James Mickleboro | March 23, 2017 2:16pm
The Asaleo Care Ltd (ASX:AHY) share price is one of four to have sunk like stones today. Here’s why they have all fallen lower… More »
Owen Raszkiewicz | March 20, 2017 4:41pm
The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) ended lower on Monday, with the Fletcher Building Limited (Australia) (ASX:FBU) share price, Rio Tinto Limited (ASX:RIO) share price and... More »
Sean O'Neill | March 20, 2017 2:54pm
Are Nearmap Ltd (ASX:NEA), Stemcell United Ltd (ASX:SCU), Fletcher Building Limited (Australia) (ASX: FBU), and Slater & Gordon Limited (ASX:SGH) an opportunity? More »
Tom Richardson | March 20, 2017 1:29pm
The Fletcher Building Limited (Australia) (ASX: FBU) share price is sinking on a profit warning. More »
Owen Raszkiewicz | March 20, 2017 9:50am
The S&P/ASX 200 (INDEX:^AXJO) (ASX:XJO) is set for a flat open on Monday morning. Shares to watch include SEEK Limited (ASX:SEK), Pro Medicus Limited... More »
Sean O'Neill | December 13, 2016 1:36pm
Shares in Aconex Ltd (ASX:ACX) are up after today's announcement, but I'm not sure they should be. More »
Tim Dohrmann | February 17, 2016 4:20pm
Shares in Fletcher Building Limited (Australia) (ASX:FBU) have dropped by more than 3% today. Why are investors fleeing the stock? More »
Mike King | July 7, 2015 5:32pm
A quick dive into Australia's listed building materials companies, with some surprising results More »
Tim McArthur | February 10, 2015 1:19pm
Ansell Limited (ASX:ANN), AGL Energy Ltd (ASX:AGK) and Sonic Healthcare Limited (ASX:SHL) are amongst a group of stocks carefully selected by one professional fund... More »
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.