GRR 0.00% 33.0¢ grange resources limited.

Dividend, sustainable but substainably paid?

  1. 75 Posts.
    Hi all,

    as a very long term holder (>16 y), I saw a lot around this co, the vulcan, mr. KO´s split with Shagang, the complete ignorance of the chinese towards shareholders, now the investment in real estate°! OMG

    And during all that time, dividend was paid, but it never felt safe, always kind of arbitrary.
    The money seems to be there, now. And I think more or less sustainable.

    But I doubt, we will ever be assured it will be paid following profit, much more internal politics here.

    All the best,
    Gee
    p.s.: I got my divi yesterday, 1 c (which is good for me)
 
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