I don't expect anything less than $1
YAL will have zero net debt by this month. Even paying $2 billion, which takes them a little over a quarter to generate, is already $1.20, give or take.
We shall see when the half yearly comes out. Might give us an interim dividend surprise.
YAL's constitution did mention it may pay interim and/or final dividend, being 50% NPAT or FCF, whichever is higher, and another >25% NPAT if directors determine YAL's financial position is sound( which is already achieved through zero net debt in July).
Ann: Quarterly Activities Report, page-11
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Last
$6.61 |
Change
-0.040(0.60%) |
Mkt cap ! $8.728B | |||
| Open | High | Low | Value | Volume |
| $6.66 | $6.73 | $6.58 | $10.90M | 1.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6262 | $6.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.62 | 387 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| YAL (ASX) Chart |