NZ's Sky Network rises on upgrading FY23 dividend outlook

Sky Network Television

02/11/2022 24:19

** Shares of New Zealand's Sky Network Television  SKT.NZ 
rise as much as 2.7% to NZ$2.28, their highest since Sept 27
    ** The media company upgrades its dividend outlook for
fiscal 2023 to NZ$18 mln ($10.52 mln) to NZ$24 mln from previous
forecast range of NZ$17 mln to NZ$23 mln provided in August
 urn:newsml:reuters.com:*:nNZW5dDK9D
    ** Co adds that it remains on track to achieve FY23 results
within forecast range  urn:newsml:reuters.com:*:nNZW9dXNn1
    ** Sky stock down 17.8% this year, as of last close
     ($1 = 1.7106 New Zealand dollars)
 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))