I guess a 10c div will be declared in the HY report. With Q2 and Q3 FCF, probably $300m each, the net debt should be reduced to less than $2b by the end of Sep, the div pay time. The US$200m plus from the proceedings of asset sale will be returned to SH as div. From next year and onward, I would expect a 30c annual div, representing 50% payout ratio, if Brent stay above $65 and STO has a average realised price of $71 - the Q1 results.
Ann: Santos rejects Harbour proposal and terminates discussions, page-105
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.61 |
Change
0.020(0.30%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.60 | $6.61 | $6.56 | $42.07M | 6.373M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 64277 | $6.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.61 | 276788 | 11 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
