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Woodside could deliver lower dividend

2015-01-13 13:50:40| Oil & Gas - Topix.net

Shareholders in Australia's largest oil and gas producer Woodside Petroleum are set to pocket smaller dividends this year if oil prices remain weak. JP Morgan researchers estimate Woodside's 2015 dividends could fall to 64 US cents per share if oil prices stay around $US50 a barrel, from an expected $US2.58 in 2014.

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