RRL 0.38% $2.66 regis resources limited

Today's announcement re the dividend, in a nutshell, illustrates...

  1. 488 Posts.
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    Today's announcement re the dividend, in a nutshell, illustrates their dividend policy.

    " As a result of the ongoing strong financial performance of the Company, the Board
    has declared the following fully franked interim dividend:
     Dividend amount 8 cents per share fully franked
     Ex-dividend date 8 March 2018
     Record date 9 March 2018
     Payable date 21 March 2018
    The interim dividend represents a payout ratio of 13% of revenue and 48% of profit after tax
    for the half year ended 31 December 2017. "

    It is a bit rare for a miner to pay dividends and is why I am a holder.
 
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