I don't necessarily think no dividend is the way to go at this point in time.
It really comes down to just how comfortable SHV is with the debt they have on hand and their plans for reducing that debt from free cashflow.
If SHV believe it is very manageable then it's not unreasonable for them to pay a conservative dividend.
Traditionally SHV had paid a dividend of 50% of profits (starting in 1995) which continued until they had paid down most of their debt and had more cash than they knew what to do with.
- Forums
- ASX - By Stock
- SHV
- Ann: CEO Retirement
Ann: CEO Retirement , page-8
Featured News
Add SHV (ASX) to my watchlist
|
|||||
Last
$4.19 |
Change
0.080(1.95%) |
Mkt cap ! $507.2M |
Open | High | Low | Value | Volume |
$4.10 | $4.22 | $4.10 | $294.1K | 70.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 903 | $4.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.20 | 1668 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 903 | 4.150 |
2 | 903 | 4.140 |
2 | 845 | 4.130 |
1 | 121 | 4.120 |
1 | 121 | 4.110 |
Price($) | Vol. | No. |
---|---|---|
4.200 | 1668 | 2 |
4.210 | 782 | 1 |
4.220 | 121 | 1 |
4.230 | 121 | 1 |
4.240 | 131 | 1 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
NEWS
First paediatric clinical site activated – major recruitment milestone and key appointment announced
NEWS
Exceptional lithium assays uncovered at Falcon Lake – expanding mineralisation, big potential ahead
SHV (ASX) Chart |