On track to exceed annual dividend yield expectations (4.4% vs 4.09% exp). Coupled with the conference call information demonstrating smooth control over costs, this is a very satisfying dividend.
We would like to see dividends remain consistent, or even slightly reduced, with surplus used to reduce debt - this would create both options should a market downturn occur, but also allow for opportunities to purchase competitors should a downturn occur.
Disclosure: We hold a very small shareholding with GEM, with a currently held 54% gain on holdings value.
Keep on trucking GEM, we love what you are doing.
GEM Price at posting:
$3.63 Sentiment: Buy Disclosure: Held
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