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Medibank board declares special dividend

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Medibank board declares special dividend

The Medibank Private Ltd. board approved a total dividend of 9.9 Australian cents per share for the first six months of 2019.

The payout consists of a fully franked ordinary dividend of 7.4 cents per share and a fully franked special dividend of 2.5 cents per share. The company previously approved a payout of 5.7 cents per share.

The ex-date is Sept. 4 and the record date is Sept. 5. The payment date is Sept. 26.