not sure about the dividend comments for H1 21.i would rather them pay off debt than pay a dividend
What i like about this company that it is historically strictly focused on profit making with consistent rewarding of its shareholders, eg its own management who are themselves are substantial holders also. So i guess dividend payout is essential part of the strategy as long as profit levels allow for that. This is a good hooking point for funds in current low interest banking environments what in turn suggest their debt currently is not a burden but essential part of profit making capital.
I expect more interest to this stock in coming days upon the 2020 fy reporting is properly digested by market..
not sure about the dividend comments for H1 21.i would rather...
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$2.13 |
Change
-0.030(1.39%) |
Mkt cap ! $327.9M | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.18 | $2.09 | $262.4K | 123.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.13 | 1347 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| IGL (ASX) Chart |