D2O duxton water limited

Ann: Half Year Report and Appendix 4D, page-5

  1. 260 Posts.
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    Yes i could find no mention of payment date for the 2.9c interim dividend in the Half Year Report.

    Strange that the Directors make a commitment to provide greater dividend transparency but are tardy in announcing the timing of the interim div.
    "The Board remains confident of the Company’s ability to continue to derivestrong annual returns and is committed to providing visibility to futuredividend targets"

    "Duxton Water is pleasedto reaffirm its intention to pay a consistent and growing dividend stream of:• Interim 2020 dividend of 2.9 cents ($0.029);• Final 2020 dividend of 3.0 cents ($0.030);• Interim 2021 dividend of 3.1 cents ($0.031);• Final 2021 dividend of 3.2 cents ($0.032); and• Interim 2022 dividend of 3.3 cents ($0.033)."

    Given that the last two interim D2O divs were paid by mid September why haven't the board even announced the Ex or payment date?

    I phoned the Company seeking a reply - no one available , will call back

    I will keep you informed Od8 if / when i get a response, but i suspect their will surely be an ASX announcement to inform the market - not really impressed.
    GLTH
 
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