RE: 27 March 2025 (Ex Divi date)12 Mar 2025 18:34
@Tonyship, @The Trotsky, @Gary59
I believe Tony may have tried to type-
" For the upcoming 24 months, dividends amounting to 0.43 GBP are expected. This corresponds to a dividend yield
of 19.99 %. ".......( 24 months, not 12 months )- seems to solve the 0.43GBP riddle ?
I revert back to a comment I made in a Post dated 10 March 2025 @08:33.
' Rationale = MNG, made a statement a few years ago, that MNG will always try to increase the Divi from the previous year.'
I cannot recollect the MNG exact wordings, but, if I state what I now think was even more appropriate, and that was......
'MNG will endeavour to increase the Dividend payment year on year, and maintain this increase for the foreseeable future'
I believe I can support this action, with a look into the MNG FUNDAMENTALS posted by this website, so I can copy/paste
without infringements !
MNG Fundamentals
Standard......................IFRS.......................IFRS.....................IFRS....................IFRS......................IFRS
...............................Millions..................Millions................Millions...............Millions................Millions
Inc Statement......31 Dec '23............31 Dec '22............31 Dec '21............31 Dec '20............31 Dec '19
Revenue.................3,887.00...............3,325.00...............4,784.00...............5,796.00...............11,074.00
Op. Profit / Los........886.00...............(2,895.00)................867.00...............1,827.00.................1,755.00
Net Interest............(160.00).................(162.00)...............(160.00)...............(167.00)...................(28.00)
Pre Tax Profit...........749.00...............(3,019.00)..................81.00...............1,605.00.................1,745.00
Post Tax Profi..........309.00...............(2,055.00)...................92.00..............1,142.00.................1,065.00
Profit for Period......309.00...............(2,055.00)...................92.00..............1,142.00.................1,123.00
Equity Holders........297.00...............(2,068.00)...................83.00...............1,138.00................1,123.00
Minority Interests....12.00.....................13.00......................9.00......................4.00....................n/a....
APOLOGIES Too much info for 1 missive ?
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