11 Nov 2020
Interim dividend beats expectations
CAML’s decision to resume its dividend policy comes as little surprise given the strong performance of the business year to date, but the magnitude of the interim dividend beats our expectations. We have revised up our full-year dividend forecast by 20% accordingly, though still consider our 12p forecast a conservative one. The generous interim dividend is testament to the inherent low-cost operating structures at both Sasa and Kounrad, where margins have remained remarkably solid despite the un ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Interim dividend beats expectations
Central Asia Metals Plc (CAML:LON) | 212 0 0.0% | Mkt Cap: 385.6m
- Published:
11 Nov 2020 -
Author:
Nick Chalmers -
Pages:
4
CAML’s decision to resume its dividend policy comes as little surprise given the strong performance of the business year to date, but the magnitude of the interim dividend beats our expectations. We have revised up our full-year dividend forecast by 20% accordingly, though still consider our 12p forecast a conservative one. The generous interim dividend is testament to the inherent low-cost operating structures at both Sasa and Kounrad, where margins have remained remarkably solid despite the un ....