DUR 4.48% $1.52 duratec limited

Subject to the above, it is the intention of the Board to pay a...

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  1. 23 Posts.
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    Subject to the above, it is the intention of the Board to pay a dividend of between 30% and 50% of NPAT, franked to the maximum extent possible.

    HY npat was down a few % on pcp, so if the same for the FY we can assume c~ 12.5m NPAT, 3.75m-6.25m ignoring franking. 100m market cap, 3.75%-6.25% dividend.

    Still a bunch of escrowed shares to be released at the FY21 results and nil insider buying may continue the overhang.
 
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