The AFR today alludes BBP and other BNB satellites could be announcing confirmation of dividends tommorrow.
From previous broker presentations these have been 26c per annum. Does anyone know if the head stock is subject to review that it could affect satellites' ability to pay divvies - logic would suggest because they are separate legal entities it should not affect things. The reason I ask is that Citigroup (from memory) were saying they would prefer no divvies are paid and debt reduced - but most insto's clearly want to have the yields associated with divvies to buy the stock...
BBP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
