Stanmore Coal to begin Dividend Reinvestment Plan

Published by Nicholas Woodroof, Editor
World Coal, Tuesday, 04 September 2018 10:00

Stanmore Coal has announced that, subject to approval by the shareholders at the 2018 AGM, it will commence a Dividend Reinvestment Plan (DRP).

The announcement follows the company’s resolution to declare an unfranked dividend of AUS$0.02 per share for the financial year ending 30 June 2018.

The DRP is intended to provide a convenient way for shareholders to invest their dividends in new fully paid shares in Stanmore Coal, without paying brokerage and other associated costs.

At each dividend payment date, dividends on shares nominated by shareholders to be subject of the DRP are automatically invested in Stanmore Coal ordinary shares.

Read the article online at: https://www.worldcoal.com/coal/04092018/stanmore-coal-to-begin-dividend-reinvestment-plan/

Yancoal successfully completes the acquisition of an 80% interest in the Kestrel Coal Mine

Monday 05 October 2026 14:30

Yancoal Australia Ltd has announced that it has successfully completed the transaction with EMR Capital Advisors Pty Ltd, Kestrel Coal (EMR) Limited, Adaro Capital Limited, and EMR Capital Management Limited.

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