re: Ann: Dividend Details - Final Dividend FY...
Everyone thought I was crazy for continuing to believe in PPN despite the many disappointments since it listed as Daily Planet Ltd in 2003. However, craziness sometimes pays off!
I was expecting a dividend similar to the 2.06 cps paid last year, so I am totally blown away by today's announcement of a $0.03977 cps fully franked dividend to be paid just before Christmas.
If you aren't already a shareholder, over 90% of the PPN shares are tightly held by the Top 20 shareholders and all the cheap shares were bought up this morning. Good luck trying to get some.
PPN Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held