AGO 0.00% 4.5¢ atlas iron limited

Hard to imagine with a higher pre-tax profit that they will...

  1. 16,270 Posts.
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    Hard to imagine with a higher pre-tax profit that they will reduce the dividend. AGO has 922m shares on issue so every 1 cent in dividends costs them around $9m. Hardly worth getting shareholders annoyed for that isn't it given they have $240m or something like that in the bank. There's an outside chance that like many other companies they may even increase the dividend but more likely it will be maintained at 3 cents unranked.

    H
 
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Currently unlisted public company.

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