Question · Q2 2024
Asked about the company's debt structure strategy, the total expected dividend for the year, and the potential impact of the dividend on their credit rating outlook.
Answer
The company has no immediate need to raise cash and will monitor markets for debt management opportunities. They are confident the recently announced dividend will not negatively impact their credit rating outlook, as they expect leverage to fall below 2.5x in Q3 and near 2.0x by year-end due to strong EBITDA and cash flow generation. The current dividend level is in line with historical averages.