GRR 4.26% 24.5¢ grange resources limited.

When the boat comes in???, page-1748

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    lightbulb Created with Sketch. 69
    the general payout rule is writen below.

    The final dividend will be discussed at the next Board meeting in Feb. There is a dividend policy in place since 2010 “ the company is to pay out 25% of free cashflow to shareholders in the form of dividends”. The Board usually follows management recommendations on the dividend payment with consideration of future capex requirements.

    so lets discuss what the free cash flow will be..
 
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