GRR 2.47% 41.5¢ grange resources limited.

GRR 1H21 Dividend

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    2H20 paid 2 cent div on revenue of $255 million.

    1H21 revenue to date (including ships for month of May: Innovation, Artemis and Darya Shanti) = $357 million.

    That is an increase of $102 million which I figure can easily afford the extra $23 million in dividend bringing the dividend for 1H21 to 4 cents.

    But wait there is more, there is still June to go . . . . . . 2 ships in June will increase 1H21 revenue to $417 million meaning a 5 cent dividend.
 
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