FMG have a dividend payout ratio nearing 70%.
PLS are using 20% to 30% so 50 or 60 cents would be possible on a similar ratio.
PLS are only into first 12 months of paying dividends and have planned growth expenditure required.
Capital management plan will have to be fluid as companies position changes in the medium term.
More profits in real $ terms will mean higher dividends, a higher payout ratio would mean higher again.
Short summary, PLS will be a cash cow for sometime.
FMG have a dividend payout ratio nearing 70%. PLS are using 20%...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.608B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.96 | $2.85 | $61.44M | 21.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 163532 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 44591 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |