YAL 2.78% $7.02 yancoal australia limited

Ann: Quarterly Activities Report, page-47

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    There seems to be a misreading that the board will pay a dividend of 50%.

    The wording says at least 50% but the Board can pay whatever they feel like.

    You can see historically that they have never paid 50%. Sometimes, they've paid more (2018, 2019 and 2021) and sometimes less (2020 and 2022).

    Who knows what they'll announce in February? History says it ain't 50%.

    As a responsible parent, would you leave all this cash with the child?
 
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