This was my favourite piece from the quarterly:Dividend...

This was my favourite piece from the quarterly:

Dividend Implementation
As per previous guidance, Royalco will commence payment of dividends once such payments can be deemed fully franked. This status should be achieved this quarter with dividends to commence first quarter 2011. The indicative return is 2 cents per share, distributed on a six monthly basis, i.e 4 cents per annum. Further announcements on these details and relevant dates will be provided to the ASX in due course.



4c dividend on 42.5c share price is 9.4%