LYC lynas rare earths limited

Lynas's Maiden Dividend, page-8

  1. 3,518 Posts.
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    "When will LYC post a dividend to us long suffering shareholders? What needs to happen before that momentous day happens?

    I understand that we still have some debt, but I get the feeling that profit will rapidly pay-off this debt. We have a significant amount of accumulated losses ($600+ Million?), but they are spent funds, and can be used by LYC to write-off profits, can it not?"


    You have actually answered your own question

    To be able to pay a dividend a Company (GENERALLY) needs to be profitable ie it has used up its' accumulated losses

    Using you figure above; once LYC has made $600+ in profits and used up its accumulated losses; THEN it is in a position to pay a dividend; IF the Board decide to.



 
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(20min delay)
Last
$10.74
Change
-0.070(0.65%)
Mkt cap ! $10.04B
Open High Low Value Volume
$10.76 $10.88 $10.71 $32.09M 2.974M

Buyers (Bids)

No. Vol. Price($)
3 10604 $10.72
 

Sellers (Offers)

Price($) Vol. No.
$10.76 2500 1
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Last trade - 16.14pm 30/07/2025 (20 minute delay) ?
LYC (ASX) Chart
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