Fonterra 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.