(06-01-2015, 10:44 AM)rayray Wrote: Well, I have South32 shares in my account now.
Does anyone know if they're going to pay a dividend or is it to soon yet?
Quote:The dividend amount for South32 has not yet been set (because shareholders have yet to approve the demerger and we won’t know until May 6th whether this will officially go through or not) although the management team set to run South32 has indicated that the company will pay 40% of its trailing profits to shareholders as an initial dividend payout
http://theconservativeincomeinvestor.com...f-south32/
There's probably more concrete info on BBL's site but I haven't seen it yet.