IGO 3.21% $6.11 igo limited

Ann: 1H24 Results Presentation, page-5

  1. 15,116 Posts.
    lightbulb Created with Sketch. 1312
    The decision to pay a div is part of a policy announced by the bard a few to paraphrasing to pay out 40% of annual profits after a major commitments, including exploration. In that, they were roughly mirroring the mature major miners like BHP & Rio. I consider them a blue chip. (and now I will get the slings and arrows for those who like to kick an entity when it's down). It's happened before when they were a gold nickel player.

    However, I've always regretted not buying them when they were 40c, $1, $2 and everything up to $4. The dividend has grown (un)steadily with that.

    All IMVHO.
 
watchlist Created with Sketch. Add IGO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.