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.
I guess a 10c div will be declared in the HY report. With Q2 and...
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Last
$6.72 |
Change
0.030(0.45%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.77 | $6.72 | $43.42M | 6.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 104139 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 10465 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
