Maiden dividends?

[steve fleming]

I find that the announcement of a maiden dividend often drives a re-rate of a small cap stock.

THe dividend attracts a new class of potential investor, as well as signalling to the market that the company is now confident it has a secure ongoing cash flow stream.

Coming into this August reporting season, I note the following have flagged the possible commencement of dividends:

EBT
PGC
EPD
RXP

Anyone else have some others out there?

[Ricky99]

MWR should announce it shortly

[Joshuatree]

MWR hinted at a div in last years report. But with net profit guidance now re 15% down on last year do you think they still will and if so how much; say 2c?

[Joshuatree]

TFC may reinstate divs this year. Int stock and getting down to the harvesting of first sandalwood trees soon (re 14 years to harvest) may make a good entry. What the oil content will be is the big question.

[Ricky99]

Mwr profit down by cash up through issue of director shares etc. Div of 1c would only cost 80k

[steve fleming]

ESK:

"Should FY2013 continue to track to FY2011, the board expects to return to dividend payments"

Will be the first time ESK pays a dividend as an ASX listed company.


http://stocknessmonster.com/news-item?S=ESK&E=ASX&N=723741

[steve fleming]

One down:

"eBET Limited (ASX: EBT) (“eBET”) is pleased to announce an ordinary dividendof 3.5 cents per share.


eBET’s Chairman, Mr. Paul Oneile, said “The Board of eBET has a commitmentto capital discipline.

Our confidence in the Company’s strong cashgeneration ability and annuity revenues, positive outlook and balance sheetstrength has underpinned our decision to reward our shareholders with a maiden dividend”.

[Joshuatree]

Also MWR 1 c divvy , good call Ricky.

[steve fleming]

RXP = fail

"Based on forecast cash flow from operations, the company will considerbeginning our dividend policy in the first half of calendar 2014"

[stoploss]

EPD, 0.5 cps
http://www.asx.com.au/asxpdf/20130829/pdf/42j01r2111c8zz.pdf

[Joshuatree]

HIT half cent div :)

[Joshuatree]

TFC reinstated 3c div