BCI 1.92% 25.5¢ bci minerals limited

dividend, page-17

  1. 3,668 Posts.
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    Hi Matt747

    Rough response here, based on cash flows. Tax was not defined in the reports for the first half of last year when they paid the 30 cents dividend.

    Cash flow for the half, BCI share was $M60.279 + $M30.324 + $90.603.

    Assume worst so deduct tax giving $M63.4

    This is about 51 cents/share (124 million shares)so payout was, would you believe, close to 60%. No, I did not fiddle that, it was a first take, but also do not have high confidence in my accounting ability.

    Yes, tomorrow we might be surprised. And a bonus on top of the dividend might be some good inventory news.

 
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