The combined gold they hold is worth $370M.
With 60M shares RND is paying a dividend costing $6m. About $2.65M will be paid to TBR.
With 50M shares TBR is paying a dividend costing $5m. About $1.3M will be paid to TBR.
So with $370M on hand only about $3.95M will be leaving the Perth Mint. At $366M, plenty of scope for further dividends.
Maiden Dividend 3% Fully Franked, page-4
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Mkt cap ! $230.8M | |||
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