APA has for several years been angling to enlarge its position in electricity infrastructure to beef up the resilience of its portfolio amid the trend for decarbonisation, but, near Dubbo, and earlier lost out to Brookfield in a bidding war for AusNet.
APA advised in June it will pay a final dividend of 29¢ a share, up from 28¢ a year earlier. That took the full-year payout to 55¢ a share, in line with guidance at the half-year results in February and up 3.8 per cent on the previous year.