NHC 2.22% $5.06 new hope corporation limited

NHC Projected Half Yearly Dividend, page-187

  1. 6,269 Posts.
    lightbulb Created with Sketch. 1030
    BB benefit all holders. WHC has dropped from 1b to near 800m shares on issue and retired all debt at the same time. Divvies moving forward will be 25% higher for ever. For ever... that's a long time... at least 20+ years practically, but, surely you can see this???
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    Same thing is happening with NHC.
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    The only other choice that's more accretive is a building a new coal mine that yields the same or better than current pits.
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    Complaining about these buy backs is silly. The buy backs are fantastic.
 
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