• Calima intends to commence a half yearly dividend programme, beginning in 2H22 with first payment in 1H23.
• The initial half yearly dividend has been set at A$2.5 mm (~A$0.04 per share). On an annualized basis, this represents a 4.1% yield.
• The company also intends to undertake a share buy back programme for up to 10% of its issued capital in any 12 month period.
• The company would only buy back shares in the context of a low share price.
• The combination of share buy back and dividend s ....
23 May 2022
Calima Energy Ltd (ASX: CE1): Becoming a dividend player
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Calima Energy Ltd (ASX: CE1): Becoming a dividend player
• Calima intends to commence a half yearly dividend programme, beginning in 2H22 with first payment in 1H23.
• The initial half yearly dividend has been set at A$2.5 mm (~A$0.04 per share). On an annualized basis, this represents a 4.1% yield.
• The company also intends to undertake a share buy back programme for up to 10% of its issued capital in any 12 month period.
• The company would only buy back shares in the context of a low share price.
• The combination of share buy back and dividend s ....