BCN 3.70% 2.6¢ beacon minerals limited

Yes that is a 26.3% dividend yield, but for me a dividend yield...

  1. 12,567 Posts.
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    Yes that is a 26.3% dividend yield, but for me a dividend yield of 40%, happy days for me especially when I have complete trust in the Board.

    Current shares on issue approximately 2,860,000,000 which would take about $28.6m to fund. A one cent dividend will leave about $12m for further exploration. Over the next five years that would make about $60m available for exploration and buying new tenements.

    So I have every reason to believe a one cent dividend is on offer, that is why I am happy to sit at 3.7 cents but am perplexed why other potential new shareholders don't buy in and wait for these incredible dividends to be paid, IMHO and please DYOR.
 
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2.6¢ 2.6¢ 2.6¢ $21.60K 830.9K

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No. Vol. Price($)
1 222061 2.6¢
 

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Price($) Vol. No.
2.7¢ 1098149 5
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