They never said that a dividend would be paid this year that was your incorrect assumption from your reading of the Capital Management Framework.
In this quarterly it says:
"7.4Capital Management Framework
Pilbara Minerals announced its Capital Management Framework, including the Company’s
inaugural dividend policy during the Quarter (Refer ASX Announcement: 16 November
2022).
Having utilised all prior year tax losses, Pilbara Minerals will commence paying income tax
in February 2023. As a result, the Company is expecting to apply the Capital Management
Framework to paying a fully franked dividend for the first time based on the 2023 Financial
Year results."
The last sentence says that they are "expecting" to pay a fully franked dividend for the first time based on the 2023 Financial Year results. Therefore if they do pay a dividend it will be announced in late August 2023 when they issue the Financial year results. However the word "expecting" still does not guarantee that they will pay a dividend.
divvies, page-85
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