BSL 2.43% $21.72 bluescope steel limited

dividends, page-2

  1. 9,544 Posts.
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    I hope that is not a cynical question but here goes. The dividend was reinstated this year after some time. It was a final 5c dividend and the only dividend for the financial year 2010. There is no guarantee of a dividend next year as is the case for all other companies. No dividend guidance has been spelt out by the company but it would be reasonable to expect another 5c dividend next year as they obviously did not take the decision to reinstate dividends lightly.

    If you are buying BSL for the dividends there are better plays out there with a far superior dividend yield and with greater dividend certainty.
 
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