STO 0.45% $6.72 santos limited

You people have got to be nuts for liking a US3.5cent dividend!...

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    You people have got to be nuts for liking a US3.5cent dividend! Approximately 5cents Australian. . .

    That’s a yield of 0.73%. . .

    5 cents x 2.1 billion shares = $105 million allocated to shareholders for dividends in 3 years.

    Mr. Gallagher just spent over 10 times that amount, in cash, on a acquisition that increased the debt loading by over 60%!
 
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