NHC 0.64% $4.70 new hope corporation limited

special dividend of 35c? current sp $4.79, page-2

  1. 16,642 Posts.
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    Share Price is rising slowly on a daily basis.

    Not sure if something is in the wings, or if it's buying for the "hoped for" special dividend.

    New Hope have been looking for something to do with the $1.4b they have sitting on their balance sheet.

    If they have a M&A idea, it will likely be partly script, so they need the share price to be as high as possible.

    If nothing else is happening then the special dividend could well be in the order of $0.25- 0.35cps plus the normal div. of $0.05-0.10cps.

    So a total dividend of between $0.30-0.45cps could well be likely.
 
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