totally agree. 40c annual dividend (every year) with the current asset profile of TER is completely unrealistic. unless the coal price doubles or TER buy another company the same size as TER. a dividend of 40cents would mean nearly $320 million dividend. under TER policy, they would need a NPAT of $800 million (@ 40% of NPAT) to $450 million (@ 70% of NPAT).
I am not saying a 40c special dividend is out of the question.
On revenue of around 900m, i would see a dividend around 20c to 25 cents (@ 40% of NPAT).
TER, page-105
Add TER (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $192.2M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 23.5¢ | $417.6K | 1.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 673048 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 242227 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
24.0¢ |
Change
0.005 ( 1.05 %) |
||||
| Open | High | Low | Volume | ||
| 23.5¢ | 24.0¢ | 23.5¢ | 778079 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| TER (ASX) Chart |