BLD 0.00% $5.83 boral limited.

divi, page-4

  1. 1,785 Posts.
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    BLD has stated that the $3B sale of North American ops would be used to enhance shareholder value.

    Prior to takeover, BLD had share buyback in place, which probably helped SGH, but what would I know.
    Previous BLD board in announcements stated there would be a return to shareholders.

    A special dividend would suit SGH to help pay off some debt, so can't see new board declaring a nice divi.
    Recent dividends have been between 9.5 and 13.5, but this was pior to takeover.

    In light of MQB lifting holding to nearly 8%, something is brewing, and SP up 12c today.
    My prediction is 13.5c, plus special dividend of $1.
 
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Currently unlisted public company.

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