BCI 2.08% 24.5¢ bci minerals limited

Without trawling through information I could not be sure what MB...

  1. 696 Posts.
    Without trawling through information I could not be sure what MB has said publicly, so I guess today's announcement that "The group will target an annual dividend payout ratio of 30 - 50 per cent of net profit after tax" is what we have to go on.

    Therefore, if the interim was a 30% payout ratio then the full year dividend is likely to be no less, but likely more assuming the results are similar. If they intend to pay out say 40% of the full year by making it up in the final dividend, which was the pattern they used last year, then the final dividend could be quite useful.

    All speculation!

    Bring on the 60c $A.
 
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