SXY 0.00% $4.60 senex energy limited

Pretty much confirmed that they will pay:0.5c based on half-year...

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    Pretty much confirmed that they will pay:
    0.5c based on half-year results
    0.5c when Cooper Basin sale completes
    0.5c based on full-year results

    So 1.5c in respect of FY21. Cooper Basis dividend not 100% franked but near-enough. So including franking credits, this is a return of 2.1cps = 6% return on SP of 35c. Realistic plans to grow from current 18PJ / year production rate to 36PJ / year over next two years, just with existing asset base.

    Been long and frustrating, but a 6% return on what is still a growth stock is pretty solid ...
 
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