They have over $800m cash and equivs after the Malabar acquisition, and a 30 cent div is only around $250m of cash paid out, so it seems like another 30 cent div is not out of the question?
Not to mention we are 1 month into another quarter of silly coal prices which look set to remain high for at least a few more months heading into the northern winter.
Thoughts?
NHC Price at posting:
$4.90 Sentiment: Hold Disclosure: Held
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