Yes mate YAL should continue paying fully franked dividends going forward under current conditions. The company paid down their tax losses in 2021, and now makes monthly tax payments. As long as YAL continues paying tax they’ll continue accumulating franking credits to be distributed to shareholders. See below, information from FY21 & FY22 presentations, and their recent Q4 report. You can also see the companies huge gross debt amount of $3.44 billion in 2021 has been erased over the past few years, all while paying dividends during the period. I recently posted a Matt Warder video about the seasonality of coal, recommend you watch.
Ann: Quarterly Activities Report, page-172
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Last
$7.17 |
Change
-0.290(3.89%) |
Mkt cap ! $9.467B | |||
| Open | High | Low | Value | Volume |
| $7.43 | $7.44 | $7.17 | $16.15M | 2.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 21158 | $7.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.17 | 25000 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| YAL (ASX) Chart |