It’s all up in the air until announced but I’ll throw some logic out there that makes sense I hope.
The company made roughly $1billion in profit past 6 months and has introduced a dividend payout policy of 20-30%.
That gives you $200m-$300m payout which is about the same as last time. 3billion shares on issue so even if payout is top range of this, you’re looking at a final dividend of 10c per share.
This is prudent and inline with the dividend policy.
However, what you might see, and very likely I believe is in addition a ‘special dividend’ on top. How much? Who knows. But they do have $3.3billion in cash and they could pay out as much as they see fit, and still maintain that 20-30% dividend policy.
Good News & Bad News, page-31620
-
- There are more pages in this discussion • 15,504 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.89 |
Change
0.005(0.17%) |
Mkt cap ! $8.627B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.94 | $2.83 | $40.87M | 14.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 71923 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 43268 | 13 |
View Market Depth
| Last trade - 14.14pm 14/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |