Huntwicke Capital Group Inc HCGI

Dividend Logic

[JRaffles]

In 2016 KL paid $10m in Debenture Iterest. In 2017 50% of the debentures will be paid off, leaving a Deb interest charge of circa $7.5m. In 2017 the 2Q's Dividend from end of June 2017 will amount to about $4m. In conclusion, the dividends will be paid for by the partial repayment of Deb's in June 2017 and their complete repayment in Dec 2017. The scope for dividend increase in 2018, as a result of the complete discharg eof Deb Int and also increased earnings, could be stunning.

[goldminer01]

This post has been removed in accordance with Community Policy

[TimeBuilder]

CORPORATE DEVELOPMENT The Company is pleased to announce that the Board of Directors has approved a dividend policy recommending the payment of a quarterly dividend of C$0.01 per common share (C$0.04 per common share annually). The inaugural quarterly dividend of C$0.01 per common share is payable on July 14, 2017 to shareholders of record as at the close of business on June 30, 2017. The