GRR 4.26% 24.5¢ grange resources limited.

The days of sky high pellet premium and 10 cents divvies are...

  1. 1,748 Posts.
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    The days of sky high pellet premium and 10 cents divvies are long gone, as is a SP that went north of $1.70.

    I believe Michelle and the BoD when they say they want to reward shareholders as much as possible. The BoD have recently added to that in saying they want to reward shareholders with "consistent" dividends.

    We were recently rewarded with a 2 cent dividend. If "consistent" translates to another 2 cent dividend to be announced next month, then GRR is a GRREAT investment.

    At current SP that equates to a 16% return including franking
 
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