I found this comment about XRFs dividend payment policy in their April investor presentation.
"XRF Scientifics? stated dividend policy is to pay approximately 50% of NPAT to shareholders, permitting circumstances and cash requirements"
With their exceptional revenue and profit growth and NPAT looking at around 3.5 to 4 million for the year I would expect them too start paying dividends regularly from now on.
I think this should give additional impetus to the share price as will start to bring in value stock buyers. All is looking good for XRF, Still looks a bargain at current prices even given the recent CR
XRF Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)