Q2 Result Predictions
With Q2 almost in the books any predictions around whether a dividend will be announced? From all their presentation notes they have stated that when debt to CF is below 1 on quarterly basis FCF will go to dividends and debt. Q2 I believe should be around 50M (25 to 30M FCF) cashflow and debt would be 150M, making the ratio 0.75. Anyone who has followed YGR over a longer time period have any thoughts on what we may see announced? As a basis if they allocate 50% FCF to dividends it would be close to 50 million a year in dividends. With a 10% yield would mean stock price around $6.