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Fonterra Announces Record Payout - $8.25

fonterra_logoFonterra has announced a record Financial Result for 2011.

The company says a bumper year for dairy exports, and strong contributions from overseas businesses, have boosted the payout, before retentions, to $8.25.

Chairman Sir Henry Van der Hayden said the record financial performance and record milk production meant Fonterra would distribute milk payments and dividends totalling $10.6 billion, $2.4 billion more than in 2010.

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