CST 6.41% 8.3¢ castile resources ltd

nice to see cst do a srx !!!, page-6

  1. 4,086 Posts.
    G'day EB,

    " That should give a rather nice fully franked dividend?"

    Yep, that's the real game and it's what I'm interested in.

    Your take on my figures is about spot on. It's a bit hard to be too accurate because CSTs tax situation is a bit complex. We have some Australian tax credits but some of our tax is payable in overseas juristictions. Also, given that the vast majority of our sales are overseas, currency fluctuations and timing will have a material impact.

    I'm shooting for a fairly modest 2c dividend for 09H2 (though happy to be surprised to the upside).

    Just a few weeks till we find out the situation for sure.

    A total of 10c dividend for FY10 would be loverly( :) ).
 
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