A little more info on the potential for a special dividend though still no decision on this. Presentation refers to $15.8m of retained earnings as at 30 June 2014. Not sure on my maths here but that could be a maximum special dividend of 5c and there are sufficient franking credits to make it fully franked if it can be under the tax law (I note the reference in the presentation to a favourable ruling).
Really wish this company would be a lot clearer on matters as a fully franked special dividend would make a difference to selling now or holding on.
CRH Price at posting:
48.5¢ Sentiment: Hold Disclosure: Held
