as a very long term holder (>16 y), I saw a lot around this co, the vulcan, mr. KO´s split with Shagang, the complete ignorance of the chinese towards shareholders, now the investment in real estate°! OMG
And during all that time, dividend was paid, but it never felt safe, always kind of arbitrary.
The money seems to be there, now. And I think more or less sustainable.
But I doubt, we will ever be assured it will be paid following profit, much more internal politics here.
All the best,
Gee
p.s.: I got my divi yesterday, 1 c (which is good for me)
GRR Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held