Tree Island Steel Ltd TWIRF

,,,,,,,,,,,,,,,,,,,,,,,,,SPECIAL Extra Dividend.........

[Red_Deer]

Last JUNE Tree Island paid out an Extra Special Dividend__So WONDER IF they will
Do the SAME This June eh ????

[mjh9413]

Hey, looking at their working capital March '24 they might very well consider such a thing but do you buy the stock on the basis of a potential 6cent dividend over the declining revenues and margins in the  recent periods? If holding long term is the normal dividend attractive <4%?  Nice company. Nice balance sheet but I sold whole position earlier on basis of  the macro

[mjh9413]

My opinion but commentary and Q2 financial performance heralds more of the same and with possible deterioration in USA macro conditions thru rest of year, no matter which way election goes, I will not be a taker at anything like today's sp. d