I have always thought that any reductions between SOL BKW (NHC) will be in years when they need income to support the progressive dividend policy.
for no other reason.
SOL got a lot of grief 4 or 6 years ago when NHC was No Hope Coal. the divs from NHC alone now support SOL & BKW and they don't need to reduce.
I was a holder of NHC but transferred my holding to SOL they are really well diversified. also I think the ASX classification of SOL is wrong (energy).
happy to hear contrary opinions or corrections.
<my joint weighting in SOL & BKW is now near 10% and that makes me twitch>
NHC Price at posting:
$5.38 Sentiment: Hold Disclosure: Not Held
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