uxc and the dividend hunters

The UXC presentation released via RNS last week state that things are rock solid at UXC.

The fully franked dividend looks like being a cracker with revenue disproportionally placed into this half of the financial year.

If the dividend drops as forecast then current level SP will be cheap.

For those fully franked dividend hunters, one could argue that UXC is very appealing at current levels and I would say it is the dividend hunters that are accumulating at the moment.