SFL 0.00% 4.0¢ spring fg limited

Dividend Policy

  1. 2 Posts.
    The SFL prospectus includes a statement on "dividend policy" that says nothing except that SFL will pay a 2.6 cents a share fully franked dividend in October 2015 (representing 12.4% grossed up on the $0.30 issue price and 56% of the forecast 2015 NPAT if I have my sums right).
    In this dividend-hungry time, this promised dividend certainly looks like a (mouldy) carrot in the absence of any indication at all of around how much of the NPAT SFL intends to hand back to their shareholders (subject of course to the usual blah blah caveats).
 
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