WHC 0.69% $7.27 whitehaven coal limited

Target $9.36, page-3008

  1. 7,759 Posts.
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    Given miners which are not in a capx cycle typically have high payout ratios , take FMG for example at 70 to 80% i see no reason why WHC wouldnt do the same.

    The existing capital management plan is in place given the cyclicality of Coal and its very unprofitable recent past. As the company generates more franking credits its my belief the buyback will be wound down and we will see high payout ratios well beyond 50% in the short term. That could be a revision to the plan or the form of special dividends.
    Last edited by pastperformer: 20/09/22
 
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