"PLS will to a high divvy paying stock too in the coming years..."
This morning MIN announced a 70c div and the share price at close yesterday was $64. That is a rate of 1.09% for the half year or, doubling that, 2.28% for 12 months.
PLS paid 14c which at a $5 price is 5.6% (if the yearly div is twice 14c) or 6.2% on a share price of $4.50.
Even now with supposed experts saying the PLS share price is falling because of disappointment with the dividend, we are paying a really nice dividend - and that is only using 20% to 30% of free cash flow. When PLS has finished its planned developments and starts paying over 50% of F/C Flow we will have a magnificant dividend.
PLS v FMG, page-9
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Last
$3.16 |
Change
-0.030(0.94%) |
Mkt cap ! $9.516B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.19 | $3.06 | $50.14M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49357 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 74794 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |