Incitec Pivot Ltd T.IPL

Primary Symbol: ICPVF

Chemicals Basic Materials

Incitec Pivot Limited is an Australia-based manufacturer and supplier to the resources and agricultural sectors. Its segments include Asia Pacific and Americas. Asia Pacific segment includes Fertilisers Asia Pacific (Fertilisers APAC) and Dyno Nobel Asia Pacific (DNAP). Fertilisers APAC manufactures and sells fertilizers in Eastern Australia and the export market. It also manufactures, imports and sells industrial chemicals to the agricultural sector and other specialist industries. DNAP manufactures and sells industrial explosives and related products and services to the mining industry in the Asia Pacific region, Turkey and France. Americas segment includes Dyno Nobel Americas, which manufactures and sells industrial explosives and related products and services to the mining, quarrying and construction industries in the Americas (Canada, Mexico and Chile) and initiating systems to businesses in Australia, Turkey and South Africa. It also manufactures and sells industrial chemicals.

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Incitec Pivot Ltd > Cutting the dividend

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Comment by JosephM1on May 07, 2019 10:57am

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Post# 29719498

RE:RE:Cutting the dividend

Nova99 wrote:

possessed2 wrote:
A 20% cut in the dividend would still leave it at 6.4%. If it puts the company on more solid ground until things improve for the sector then that is what they should do.

Why should IPL cut their dividend with the company making good money and a payout ratio of only 65%? I hope you aren't letting that psycho JosephM1 (paragoni) get into your head with his crazy ideas.

Actaully a 20% cut would put it at 105% payout ratio, hence not enough!!

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