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Online Share Trading

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KIO - EXCESS CASH

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Contributor

Kumba as at December did not declare a dividend and was sitting on cash equivalent to R30/share (2x higher than their interest bearing debt). Any gamblers out there thinking they may declare a substantial didvidend after H1 2017 results?

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Valued Contributor

thinks you right they will restart dividen payments. But thinks likely at the old 1.2 div cover ratio and hoard some cash in case

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