Northern Star Bull Cheers Dividend Surprise -- Market Talk
Dow Jones
Feb 12
2354 GMT - Northern Star's interim dividend surprises positively, with the A$0.25/share payout 26% higher than consensus expectations. "The market may take a positive view on the increased dividend" following a weak 1H FY26 due to operational challenges, Macquarie says. It expects free cash flow will "swing from negative to A$380 million" in 2H, which could underpin an even larger dividend, the bank says. It reiterates an outperform rating and A$32.00 target. Northern Star is up 4.5% at A$29.54.(rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
February 11, 2026 18:54 ET (23:54 GMT)
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