BCI 1.96% 26.0¢ bci minerals limited

quarterly comments, page-13

  1. 1,097 Posts.
    lightbulb Created with Sketch. 9
    I read the "possible 19c dividend" article that Pat told us about but that was just "hearsay" from the so-called 6 experts....

    Like you say, BCI management is a bit vague on the subject but in the last annual report they said:

    Dividends
    Amount per Security Franked Percentage
    Annual Dividend 15 cents 100%

    Note how they used the word "annual" - which I understand to be the "financial year" ending June 2013.

    BCI management have indicated a few times that they are in favour of a 25-30% of the profits dividend which is good news - especially if we have a bumper 6 months.

    I guess that we will have to wait till Sep until we hear anything more on the dividend story from management.

 
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