St Barbara Limited

Published : January 20th, 2016

Interim Dividend Announcement - 20 January 2016

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Interim Dividend Announcement - 20 January 2016

a0528ddd-8945-42ff-9b25-99bfd3021a5a.pdf



HUNTER HALL

GLOBAL VALUE LIMITED

ACN 107 462 966


Fully franked 3.0 cents per share Interim Dividend


Highlights

  • The Board of Directors announces a fully franked 3.0 cents per share interim dividend

  • Investment portfolio increased by 12.1% for the year to 31 December 2015, outperforming both the Australian All Ordinaries Accumulation Index and MSCI World Total Return Index, Net Dividend Reinvested, in A$

  • An annualised fully franked cash dividend yield of 5.5%1


    The Board of Hunter Hall Global Value Limited (ASX: HHV) (the "Company") announces to the market a fully franked interim dividend for 2015/16 year of 3.0 cents per share. All shareholders recorded on the Company's register on the record date will be eligible for this fully franked 3.0 dividend.


    Key Dates

  • Ex-Dividend Date 7 April 2016

  • Dividend Record Date 8 April 2016

  • Dividend Payment Date 22 April 2016


The Board has declared a fully franked interim dividend of 3.0 cents per share. The annualised interim dividend equates to a fully franked cash dividend yield of 5.5%. The annualised cash dividend yield grossed up for the franking credits distributed with the dividend is 7.8%.

The fully franked 3.0 cents per share interim dividend follows the Board's declaration of an un-franked final ordinary dividend of 4.0 cents per share and an un-franked special dividend of 4.0 cents per share paid on 18 September 2015.


Dividend Policy

The Board is committed to paying a consistent regular stream of fully franked dividends to our shareholders, provided the Company has sufficient profit reserves and franking credits and it is within prudent business practices.

Consistent with this commitment, the Board currently anticipates to being able to declare a franked final dividend in line with our interim dividend. The details of the Company's final dividend will be announced with the full year results due in August 2016. Shareholders should only rely on the official declaration at that time for the confirmation of the amount, dates and level of franking for any full year dividend for FY2016.


1 Based HHV's closing share price on 19 January 2016 of $1.11 and final dividend of 3.0 cents per share.

Investment Portfolio


Over the past twelve months the Company's investment portfolio has returned 12.1% after all fees and expenses, outperforming both the global and domestic equity markets. As at 31 December the portfolio was invested 46.4% in international equities, 31.5% in Australia and New Zealand equities and held 22.1% in AUD cash. The portfolio was defensively positioned with Gold stocks accounting for 12.3% of the equities portfolio in addition to the cash held. The Company's largest investment was in Australian gold miner St Barbara (ASX: SBM) which co-incidentally was the best performing ASX listed Australian company in 2015, with the St Barbara share price increasing an impressive 1,257% over the year.


By comparison during the calendar 2015 year, in Australian dollar terms the MSCI World Total Return Index, Net Dividend Reinvested increased by 11.5% and the Australian All Ordinary Accumulation Index increased by 3.8%.


Comment

Company Chairman Paul Jensen said; "The Company has performed well in the first half of the year and the Board is pleased to be able to announce today's fully franked interim dividend. The Board recognises the importance to many of our shareholders of receiving a consistent and regular stream of fully franked dividends and we are committed to achieving this."


Founder and Portfolio Manager Peter Hall said; "2015 was a challenging time in global investment markets and I am pleased that our value investment strategy and responsible investment practices have delivered absolute performance of 12.1% for the year, outperforming both the broad Australian and Global indices. We have an experienced and stable team of investment professional that are committed to uncovering value investments, which I am confident will continue to deliver attractive investment returns for HHV shareholders in the year ahead."


About Hunter Hall Global Value Limited

Hunter Hall Global Value Limited (ASX: HHV) is a listed Investment Company that provides its shareholders with exposure to a portfolio of undervalued International and Australian equities.


Hunter Hall is committed to the concept of responsible investing and has an ethical investment policy which seeks to avoid investments in companies that are harmful to people, animal and the environment.


Our Investment Manager, Hunter Hall Investment Management Ltd, has an enviable long term record of delivering investment out performance since 1994.


HHV seeks to pay a consistent and regular stream of fully franked dividends to our shareholders provided the Company has sufficient profit reserves and franking credits and it is within prudent business practices.


GPO Box 3955, Sydney NSW 2001, Australia

Telephone: +61 2 8224 0300

Email: [email protected]

Website: www.hunterhall.com.au

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Australia | Georgia | New Zealand | All
Gold and Silver Prices for these countries : Australia | Georgia | New Zealand | All

St Barbara Limited

PRODUCER
CODE : SBM.AX
ISIN : AU000000SBM8
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

St Barbara is a gold producing company based in Australia.

St Barbara holds various exploration projects in Australia.

Its main assets in production are SOUTHERN CROSS - MARVEL LOCH, GWALIA DEEPS (SONS OF GWALIA), SOUTHERN CROSS - YILGARN STAR, SOUTHERN CROSS - OTHER, SOUTHERN CROSS - TOTAL AREA, SOUTHERN CROSS - HERCULES, CORINTHIA MINE and MEEKATHARRA MINE in Australia, its main asset in development is LEONORA - TARMOOLA in Australia and its main exploration properties are SOUTHERN CROSS - NEVORIA, LEONORA - TOWER HILL, SOUTHERN CROSS - TRANSVAAL, SOUTHERN CROSS - JACCOLETTI, LEONORA - OTHER, GWALIA INT & WEST LODE, MARVEL LOCH, SOUTHERN CROSS - BULLFINCH and WALLAL in Australia.

St Barbara is listed in Australia. Its market capitalisation is AU$ 139.3 millions as of today (US$ 94.6 millions, € 85.1 millions).

Its stock quote reached its lowest recent point on December 05, 2014 at AU$ 0.07, and its highest recent level on February 22, 2019 at AU$ 5.32.

St Barbara has 497 329 984 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate Presentations of St Barbara Limited
8/1/2016Presentation to Diggers and Dealers Mining Forum
Financials of St Barbara Limited
7/20/2016Presentation on Q4 June 2016 Quarter and audio webcast
7/19/2016Quarterly Report Q4 June 2016
7/18/2016St Barbara buys back US$40 million of Senior Secured Notes
4/19/2016Quarterly Report Q3 March 2016
2/23/2016=e2?? December 2015 Half Year Financial Report and
Project news of St Barbara Limited
7/6/2016Production Update Q4 June 2016
2/21/2011(Gwalia Deeps (sons Of Gwalia))Tropical Cyclone Dianne temporarily interrupts Gwalia Operat...
Corporate news of St Barbara Limited
7/28/2016Pacific Energy Secures New Eight Year Contract with St Barba...
5/17/2016Presentation to Melbourne Mining Club
4/20/2016Presentation on Q3 March 2016 Quarter and audio webcast
1/20/2016Interim Dividend Announcement - 20 January 2016
1/7/2016Production Update Q2 December 2015
11/27/2015New Constitution adopted at Annual General Meeting
10/21/2015Sept 2015 Quarterly
10/19/2015Appendix 4G and 2015 Corporate Governance Statement
10/19/2015Proposed Constitution to be considered at the Annual General...
10/15/2015Sale of King of the Hills Project completed
10/5/2015Strong gold production and cash generation in Q1 Sep 2015
9/28/2015St Barbara buys back US$10 million of Senior Secured Notes
9/20/2015St Barbara added to S&P/ASX 300 Index
8/28/2015Securities Dealing Policy (revised)
8/25/201530 June 2015 Financial Report and Appendix 4E
8/25/201530 June 2015 Ore Reserves and Mineral Resources Statements
7/21/2015Quarterly Report Q4 June 2015
6/25/2015Transition to new Chairman
6/18/2015Moody’s rating review – outlook changed from negative to sta...
4/27/2015Presentation on March 2015 Quarterly Report and webcast
4/27/2015Quarterly Report March 2015
4/8/2015Record gold production in March 2015 quarter
3/5/2015Fatality at Simberi Operations, PNG
2/24/2015Presentation on December 2014 Half Year Financial Report
2/24/2015December 2014 Half Year Financial Report
12/16/2014Gold Ridge Community Alert – Tailings Storage Facility
10/16/20142014 Annual Report and Notice of Annual General Meeting
3/28/2014Change of Company Secretary
2/26/2014December 2013 Half Year Financial Report briefing and webcas...
4/29/2013to de-register from US SEC reporting obligations
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
AUSTRALIA (SBM.AX)
0.280+1.82%
AUSTRALIA
AU$ 0.280
09/19 15:48 0.010
1.82%
Prev close Open
0.275 0.270
Low High
0.267 0.280
Year l/h YTD var.
0.140 -  0.305 40.00%
52 week l/h 52 week var.
0.140 -  0.305 40.00%
Volume 1 month var.
1,255,368 14.29%
24hGold TrendPower© : -5
Produces Gold
Develops Gold
Explores for Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 11/19/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
202433.33%0.320.14
2023-72.90%0.930.17
2022-47.10%1.640.45
2021-37.92%2.561.26
2020-13.24%3.981.62
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.08+0.50%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.91-2.73%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.59-3.26%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+10.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.06+0.00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 12.67+0.88%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.34+6.25%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+2.70%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 1.77-2.21%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 40.37-0.22%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.