DRR 0.21% $4.79 deterra royalties limited

Many other stocks with this thread so let me kick this off.Was...

  1. 392 Posts.
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    Many other stocks with this thread so let me kick this off.

    Was looking to sell at above 4 but missed the chance, been kicking myself since Iron Ore has crumbled from 125 to 95 since then, but amazingly DRR is not too badly down.

    Should I sell now while I have the chance?

    Approx Dividend Calc for the year. They've done 60M Q1, BHP is on track for 55-60M DMT in last 3 quarters, let's take low range to be safe.

    Divi = 60 + (55M DMT x 85 (average price assumption for rest of year) / AUD/USD 0.75 * 0.01232) - 6M = 60M + 76M - 6M (Board fees) = 130M

    So Gross Yield incl. Franking of 6.5%, or Normal Dividend Yield (ex Franking of 4.6%). Bit below the big 4 banks at current prices.


    https://hotcopper.com.au/data/attachments/3753/3753447-5891bc05fec94007a3f1a9ccd35aecba.jpg
 
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Last
$4.79
Change
0.010(0.21%)
Mkt cap ! $2.532B
Open High Low Value Volume
$4.75 $4.81 $4.71 $4.521M 945.8K

Buyers (Bids)

No. Vol. Price($)
3 22584 $4.78
 

Sellers (Offers)

Price($) Vol. No.
$4.80 14020 3
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
$4.80
  Change
0.010 ( 0.25 %)
Open High Low Volume
$4.75 $4.81 $4.72 367782
Last updated 15.59pm 24/05/2024 ?
DRR (ASX) Chart
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