In ten or 11 weeks time maybe ....
After the Ides.
But we will know for certain in about four weeks time if half yearly is announced as expected on February 19.
For those unfamiliar with the company; NRW has a strong record of dividends but withheld them when it was suffering through the sector downturn and Samsung issues (when it’s value was beaten down to less than it’s annual dividend.)
On the climb up, until last November, it also decided to conserve funds for the sake of the health of the company.
However shareholders were rewarded with the offer of shares at 65c each when shares were issued to raise capital for Golding in August 2017 .
https://www.investsmart.com.au/investment-news/nrw-holdings-gift-to-shareholders/139840
As the going rate at the time was $1.12 that represented a 44c discount .
NRW has a strong record of appreciating shareholders and looking after them as much as it does for looking after clients and employees .
https://www.intelligentinvestor.com.au/company/nrw-holdings-limited-12262/dividends#
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$3.95 |
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Mkt cap ! $1.574B |
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4 | 18795 | 2.360 |
4 | 37687 | 2.350 |
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3 | 24992 | 2.330 |
Price($) | Vol. | No. |
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2.400 | 71958 | 7 |
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