BPT 0.88% $1.15 beach energy limited

I am wondering if the BPT board are considering increasing the...

  1. 5,719 Posts.
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    I am wondering if the BPT board are considering increasing the dividend from 1c to 2c this past and/or coming half.

    It would make a good headline 'Beach energy doubles dividend'

    With 2.3billion shares on issue, an extra cent dividend per share equals only approximately $23million vash outflow per half.

    BPT has net cash of $73 million, liquidity of $650m, stable gas cashflows, strong oil prices and a growth profile that is making progress and now cash (eg Offshore Vic).
    They will have to increase the dividend at some point given it is at such a low base, it is just a matter of when.
    Last edited by rollacoaster: 26/01/22
 
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