As most of us here have been thinking, dividends are to be reinstated and as soon as August this year !!
That is a sign of the strength of STO and for the company to make this announcement and also mention possible further special dividends, to me it sounds like they are currently making a truck load of money. I cant wait to see the results coming up soon.
Big broking firms and analysts also love big companies that pay dividends, so look out for a re rating of STO shortly.
A $7 share price is not out of the question in the next 6 months which would make the STO recent take over offer a distant memory !
I did mention in other posts that I thought something positive would be coming out of STO due to the recent rise in share price, and this is just the start of it I believe.... good luck to all of us that hold.
Ann: Santos announces sustainable dividend policy, page-8
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Last
$6.84 |
Change
-0.080(1.16%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $6.94 | $6.75 | $97.69M | 14.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 96681 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 5679 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |