A first half dividend of 30c was declared whilst simultaneously paying down ~$300m of debt. Assuming no change to anything in the second half that $300m debt repayment flips into an additional ~30cps in dividends alone.
I would have thought 60cps is the floor with further upside from higher coal prices in the second half also.
NHC Price at posting:
$3.71 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)