Dividend yield11 Jun 2024 12:05
Not been in Strix since before the opening of their new factory, this was supposed to turbo charge their growth along with the SP and yet here they are at 80p.
With the cancellation of this year's dividend and the Kettle control division improving, I'd maybe suggest the bad news is priced in.
Is there a danger the board will want to reduce debt leverage further in 2024 and still pay no dividend?
At 80p and a dividend of 0.9p that is an 11% yield, the future certainly looks bright.