Any thoughts on what the next dividend will be? Hopefully at the very least management maintains last year’s dividend of 7.3c…
keep in mind that EBITDA will be lower than last year and therefore most likely NPAT…. Dividend policy of company is 80% of NPAT.
The future is looking bright given the recent $1.5 billion 10 year contract with BHP. Also the increase in coal prices the last 2 months might encourage coal miners to export more etc…
AZJ Price at posting:
$3.25 Sentiment: Buy Disclosure: Held
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