The Company intends to pay dividends out of available cash flow and subject to franking credits. The quantum of dividend to be paid will be subject to the Board’s discretion. However, from 1 July 2018, the Company intends to pay up to 50% of realised net profit after tax in dividends to shareholders on a quarterly basis. Subject to the conditions below, the dividend will be paid at the end of the Company’s first financial year and then annually thereafter. Any dividend paid will be franked to the maximum extent possible.
Looking good though if they can hold onto the profits......
BHD Price at posting:
84.0¢ Sentiment: Hold Disclosure: Held
