NIC 0.00% 91.0¢ nickel industries limited

Ann: Quarterly Activities Report, page-65

  1. 55 Posts.
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    Hello
    Last year the H12020 dividend of 0.0098 AUD was announced on August 31st, went ex on September 9th and paid September 14th. In the last quarterly they announced they had provisioned for 65mn USD as dividend payments, paid in AUD so at current rate USDAUD of 1.35 equals 87.75mn AUD. Eighty percent distributed to Nickel Mines 70.2mn AUD. With 2,515,029,051 shares on issue equals 0.0279 cents per share.

    CSFB recently stated expectations of FY21 dividend at 5.5 cents per share. Final Dividend paid in February 2020 was 2 cents per share. Happy to be corrected here if my numbers are off by I expect we maybe in for increased dividends.

    Thanks

 
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