PLS 0.34% $2.97 pilbara minerals limited

I would be delighted with a fully franked 15cent dividend. Am...

  1. 406 Posts.
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    I would be delighted with a fully franked 15cent dividend. Am expecting a little less with "special dividends" down the track.
    See extract from Capital Management Plan below.

    " Figure 1: Capital Management Framework
    Excess cash flow above and beyond these priorities could then be allocated to further
    investment to improve the Company’s operations, investment in organic and inorganic
    growth and acquisitions opportunities, debt reduction and/or further returns to
    shareholders.
    Pilbara Minerals’ current strategy is to grow and diversify its business on the back of the
    strong cashflows being generated from its operations. To achieve this strategy, the
    Company will likely prioritise identified growth paths in the near-term which are expected
    to deliver the greatest long-term value for shareholders, ahead of allocating capital to
    special dividends, buy-backs or capital returns."
 
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$2.97
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