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South 32 Final Dividend

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SuperCally
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South 32 Final Dividend

#334563

Postby SuperCally » August 20th, 2020, 8:25 am

One of 4(FOUR) related RNS’ today:

https://www.investegate.co.uk/south32-l ... 09476862W/

They announce a final divi of 1(ONE) solitary cent, to be paid on 8 October. Barely 1/3rd of last year’s.

I’m not even whelmed.

funduffer
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Re: South 32 Final Dividend

#334589

Postby funduffer » August 20th, 2020, 9:58 am

Pathetic really. Roughly a 2% yield, including April's 0.85p 'special'.

After a promising start, S32 have proved to be a dud, certainly compared to their former parent, BHP.

Not a HYP share any longer, but I will continue to hold.

tjh290633
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Re: South 32 Final Dividend

#334631

Postby tjh290633 » August 20th, 2020, 11:35 am

They are being supercautious. They could see the writing on the wall when they announced their interims in mid-February.

TJH

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Re: South 32 Final Dividend

#334639

Postby scrumpyjack » August 20th, 2020, 12:03 pm

funduffer wrote:Pathetic really. Roughly a 2% yield, including April's 0.85p 'special'.

After a promising start, S32 have proved to be a dud, certainly compared to their former parent, BHP.

Not a HYP share any longer, but I will continue to hold.


That's why BHP unloaded them. They've got all the assets BHP did not want

SuperCally
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Re: South 32 Final Dividend

#341277

Postby SuperCally » September 18th, 2020, 9:28 pm

From Co. website.

£Sterling conversion: 1 cent US becomes 0.760610p

https://www.south32.net/docs/default-so ... e028ca19_2


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