PLS 0.61% $3.29 pilbara minerals limited

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    • paying a sustainable dividend to shareholders, with a target dividend payout ratio of between 20-30% of free cash flow 1.
    1Free cash flow is defined as statutory cashflow from operating activities less tax paid/payable less sustaining capital (inclusive of capitalised waste mine development).
    (from PLS web page under -- Investors - Dividend payout)
    FCF for the full year result was $1.4B. They paid 30% fcf and divy was 14c = $420M
    Leave it with you Cheers



 
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