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
$3.99 |
Change
-0.020(0.50%) |
Mkt cap ! $2.109B | |||
| Open | High | Low | Value | Volume |
| $4.01 | $4.04 | $3.96 | $8.474M | 2.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 46260 | $3.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 44479 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DRR (ASX) Chart |