With the price of gold smashing through AUD$1,710 an ounce in the past 24 hours surely its just a matter of time before the SBM Board declare an increase to the company's dividend?
With AUD$199 million in the bank (as at the end of September), the company being debt-free and now generating a couple of hundred million dollars a year in Net Profit, I believe the company would easily be able to accommodate an increase in the dividend - at a minimum by 50% - to 9c per share from the 6c per share declared on 23 August 2017.
Will make for a very interesting AGM on 30 November 2017 !
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SBM to increase dividends?
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Last
34.0¢ |
Change
-0.120(26.1%) |
Mkt cap ! $278.2M |
Open | High | Low | Value | Volume |
37.5¢ | 38.0¢ | 33.8¢ | $12.87M | 36.27M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 258302 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.5¢ | 221132 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 258302 | 0.340 |
29 | 1266572 | 0.335 |
34 | 882137 | 0.330 |
14 | 1159914 | 0.325 |
21 | 978643 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 221132 | 4 |
0.350 | 1056271 | 13 |
0.355 | 930114 | 13 |
0.360 | 790134 | 17 |
0.365 | 295071 | 11 |
Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
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