Will not be any dividend paid as part of the conditions of Ampol's takeover.
If deal drags on however into 2022 (due to regulatory delays etc), then ZZEL can pay a dividend then.
Printable View
Guidance reaffirmed and so does divvy payout for FY22, c'mon Ampol up your bid north of $4 or someone else can throw their hat in the ring.
What will this do to the share price. Fascinating
Thats why I bought it despite it being a sunset industry. Great dividend to compensate for the slowly declining or changing business. But if a take over offer stops dividend payments it will be a double blow on top of the share price hiding. Never trust a Morningstar recommendation. Mostly losses from their picks.
You've got the correct yields. Good they reaffirmed guidance today and I think there will be tens and tens of millions of synergies that Ampol can extract from the company starting with getting rid of the modest performing and exceptionally well paid senior management. I think the take-over will go ahead.
Add International Borders not far away from opening adding to increased volume
Disc Hold
even if borders were to open next year, it'll just be a trickle compared to pre-pandemic I bet, I believe it was Boeing that expect business to return to normal around 2024