In relation to last post:
Have paid a dividend every 6 months since 09. Amount has varied from 15c pa to 30c pa. Obviously under performance of share price has led to a cut in divis. The last annual dividend totaled 15c. Even 10c on the current SP represents around 7%! (KCN paid divis in 2011 when they acquired Bowdens and S American assets) Morning star has a buy on KCN - fair value of $6 taking gold at 1100 per ounce. Upside in S america and recent Chartree performance being the positives. Bowdens and Challenger the drawbacks.
I just received a form for dividend reinvestment plan, doesn't guarantee one will be paid (3 months away) but cannot see why they wouldn't. This is what separates them from their peers.
GLTA
Ann: Challenger Strategic Review , page-29
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Last
$1.61 |
Change
0.025(1.58%) |
Mkt cap ! $409.8M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.61 | $1.57 | $226.8K | 142.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8660 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 5300 | 2 |
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| Last trade - 11.59am 11/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |