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Incitec Pivot Ltd T.IPL


Primary Symbol: ICPVF

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.


OTCPK:ICPVF - Post by User

Comment by MOJOJONOon May 12, 2019 10:30pm
135 Views
Post# 29740056

RE:8.24% DIVIDEND RATIO = 87% IN Q1-2019

RE:8.24% DIVIDEND RATIO = 87% IN Q1-2019I took another look at the slides and it's interesting the remaining $2.2 billion capital spend for Heartland actually declines per year up to 2021 completion. Some time this year we will have crossed 50% threshold. By the end of this year spend will be 62.85% completed.


Page 27:

Pre-2019 Q1 spent = $1.3 billion
2019 (Q2 - Q4) = $900 million
2020 = $800 million
2021 = $500 million
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