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PR Newswire
16-08-2012, 09:46 AM
Basically, dividends are paid out of earnings.
For New Toyo is about 40% to 50%.
The special dividends they received should be
used to reduce their debts which incurred interest expense.
Final dividend may also be reduced as earnings declined.
Of course, this is subject to management decision.
Price is well supported at around 28 cts.
For New Toyo is about 40% to 50%.
The special dividends they received should be
used to reduce their debts which incurred interest expense.
Final dividend may also be reduced as earnings declined.
Of course, this is subject to management decision.
Price is well supported at around 28 cts.