Back of the envelope, to bring debt into their 2-2.5x "target range" could release up to $1.2Bn in cash for dividends, all else being equal. That should help keep the payouts elevated for a few years at least. Plus some extra kicker coming from Lytton every now and again.
Ann: Dividend/Distribution - ALD, page-3
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Last
$34.46 |
Change
-0.080(0.23%) |
Mkt cap ! $8.211B | |||
| Open | High | Low | Value | Volume |
| $34.58 | $34.83 | $34.34 | $17.87M | 518.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 343 | $34.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.49 | 174 | 1 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$34.51 |
Change
-0.080 ( 0.43 %) |
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| Open | High | Low | Volume | ||
| $34.66 | $34.79 | $34.36 | 89728 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| ALD (ASX) Chart |