GRR 1.28% 39.5¢ grange resources limited.

Will there ba a dividend, page-79

  1. 13,546 Posts.
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    Could you expand on that? Genuine question as I would like as many thoughts as possible on the dividend issue.

    I can see that the IO price is up - though I did see that the pellet premium was down. GRR seems to have maintained a good revenue stream over the last six months.

    2 cents will not put much of a dent in cash reserves.

    I doubt we will see any action at SD for quite a while and if GRR is quarantining funds for that, they will be able to still do that over the next 5 or six years and still be paying out a dividend in the 2 cent range.
 
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