NHC 1.05% $4.71 new hope corporation limited

"The Company expects franked dividends will be maintained as the...

  1. 2,524 Posts.
    lightbulb Created with Sketch. 1154
    "The Company expects franked dividends will be maintained as the preferred
    method of providing capital returns to shareholders."
    what does this mean?
    Dividends are usually from the business and not a capital return which would reduce the capital base.
    Perhaps just a miss-use of terms? Alters all the metrics if capital is being returns.Looks good in the pocket but means more CGT if come to sell.

 
watchlist Created with Sketch. Add NHC (ASX) to my watchlist
(20min delay)
Last
$4.71
Change
-0.050(1.05%)
Mkt cap ! $3.981B
Open High Low Value Volume
$4.76 $4.78 $4.68 $6.591M 1.395M

Buyers (Bids)

No. Vol. Price($)
2 11122 $4.71
 

Sellers (Offers)

Price($) Vol. No.
$4.72 22902 3
View Market Depth
Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
NHC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.