RE: slow start for Glen18 Feb 2019 10:35
Billy,
Just been doing a bit of research and it seems they pay dividends that total $1bn plus 25% of FCF. I've no idea how much they are likely to announce as their FCF number so its almost impossible to second guess the forthcoming dividends if they intend to continue using that formula.
I thought I heard a rumour of 13.5 cents for both dividends verses the 10 cents last year but I can't find the source. 27c is about 21p which equates to 6.9% yield.