I'm with whoever said "can we cease commenting on divvies" (may have been dfs)
We know:
- That divvies will be paid (at this stage, according to the capital management announcement)
- They will be paid after 30 June 2023 on results to that date (ie in the future) - profits/cash flow/future comitments etc
- They may be 20-30% of free cash flow (NOT NPAT)
- They will most likely be declared at the 2023 results announcement in August 2023 (ie in the future)
- The Ex Date will most likely be a few weeks after the results announcement
- The pay date will most likely be 4-6 weeks after the Ex Date
- That we all have NFI on the amount & neither does the company at this stage so if they don't, what hope do we mere mortals have in speculating on the amount
- The deal's not done until the cash is in the bank so if a really startling, positive, cash management alternative to paying out a dividend come up, the BOD may delay.
- We mere plebs just don't friggin' know!!!
So its useless speculating on:
- When
- The $ amount
But we can "DREAM", but let's stop wasting time posting about it - see point 9 above
May be harsh, bit that is the reality - too many other threads running on the PLS board to waste time re-hashing "divvies every day"
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