GRR 0.00% 30.5¢ grange resources limited.

The millions returned to SH needs to be unpacked I think...

  1. 512 Posts.
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    The millions returned to SH needs to be unpacked I think Assuming the next div we get is 2c then in the past decade since 2014 GRR has paid out a total of 40c FF or average 4c/year.

    The 2 x super divs of 10c returned to shareholders make up half of the total returns and high payouts like this are unlikely to continue unless some of these things occur ;

    1) another dam disaster in Brazil,
    2) Russia pullout of Ukrain and we see a normal gas price 3) China demands and pays more of our product.

    As SH of GRR we also haven’t received returns in the last 12 months that are above CPI.
 
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