Given the potential for fcf of $5m and the stated position on payout ratios, hard to see how the dividend doesn't keep growing through the year.
7 cents final dividend, can probably expect the interim dividend to increase to that level as well (from 5 cents), before a bigger final dividend at the end of next FY year (10 cents?).
With the DRP suspended, they obviously are comfortable handing the cash out.
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$9.70 |
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Mkt cap ! $120.0M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 1000 | 2.650 |
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Price($) | Vol. | No. |
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2.900 | 1000 | 1 |
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