How long are these royalty's going to last ?, 30+ years maybe ?
This is a no brainer, no capital cost to DRR, stuff all overheads, and generating a 100% franked dividend that will be paid every 6 months.
Any young investor should be loading up on DRR.
News: DRR Deterra Royalties Posts FY NPAT Of A$94.3 Mln, page-13
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Last
$4.06 |
Change
-0.025(0.61%) |
Mkt cap ! $2.172B | |||
| Open | High | Low | Value | Volume |
| $4.12 | $4.13 | $4.04 | $1.923M | 472.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 18271 | $4.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.06 | 29639 | 28 |
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| Last trade - 12.58pm 09/07/2024 (20 minute delay) ? |
| DRR (ASX) Chart |