RE: Coverage30 Dec 2016 14:52
Really good read that was, it confirms why we're here and the lack of any obvious downside.
Reading that projected revenue is $66m and the company policy of returning 30% of revenue in dividends, we're looking at a dividend of $0.18 again this year. Last year that translated in to 12p, now it's worth 14.4p so dividend yield will still be above 6%. Is this correct, assuming $0.18 is paid out?