How long are these royalty's going to last ?, 30+ years maybe ?
This is a no brainer, no capital cost to DRR, stuff all overheads, and generating a 100% franked dividend that will be paid every 6 months.
Any young investor should be loading up on DRR.
News: DRR Deterra Royalties Posts FY NPAT Of A$94.3 Mln, page-13
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Last
$3.95 |
Change
-0.110(2.71%) |
Mkt cap ! $2.088B | |||
| Open | High | Low | Value | Volume |
| $4.00 | $4.03 | $3.92 | $10.40M | 2.629M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 54397 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 1313 | 1 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| DRR (ASX) Chart |