just to chime in on that one:
If you have time just watch this weeks ABC' Business Insider and see the take on the Australian addiction to dividend paying stocks.
We and the Euros seem to like dividends whereas in most other markets(US for one) dividends are much much lower and what SH there want to see is capital growth.
Could SLR afford a divvie? Sure it could
Will it? Doubt it - the tenor is to grow this into a major operation and at this stage it appears to be paying off to do so prudently and that will also take money.
Is pog going up? Who knows - better to budget for the current range (plus/minus 100) and have good reserves in the tank
Different strategies work for different companies - period
Was amazed at NST declaring a FF maiden divvie - time will tell how good that move is.
Across the sector: even the major players paying less than 2% divvie after years of making good money - keep that in mind perhaps?
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