My broker met with LRF, also on their website under reports there is research document published by Austock in March and they also mention this. I would have my doubts about anything sizeable in this climate, but I would accept anything at the moment.
I remember reading the Austock report about this time last year and they indicated the divi would be 20c+ (I scoffed because I thought it wouldnt be anywhere near that), but they did hand out 20c.
I do know that LIC's are not allowed to declare a divi if they post a loss for that period and I dont know if this would impact LRF as they only declare a divi once a year.
We should also remember that Clive has let shareholders down before and he does think of himself first.
I hope this helps, but please DYOR
Regards P
LRF Price at posting:
53.5¢ Sentiment: None Disclosure: Held