"PLS will to a high divvy paying stock too in the coming years..."
This morning MIN announced a 70c div and the share price at close yesterday was $64. That is a rate of 1.09% for the half year or, doubling that, 2.28% for 12 months.
PLS paid 14c which at a $5 price is 5.6% (if the yearly div is twice 14c) or 6.2% on a share price of $4.50.
Even now with supposed experts saying the PLS share price is falling because of disappointment with the dividend, we are paying a really nice dividend - and that is only using 20% to 30% of free cash flow. When PLS has finished its planned developments and starts paying over 50% of F/C Flow we will have a magnificant dividend.
PLS v FMG, page-9
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.88 |
Change
-0.040(1.37%) |
Mkt cap ! $8.673B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.96 | $2.88 | $50.87M | 17.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 127610 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 103550 | 8 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |