Santos announces new "sustainable"dividend policy

SANTOS is on the up and up with recent announcements of new projects, the confident rejection of Harbour Energy’s $14.4 billion bid, and now a new dividend policy that might see payments after August, when the board makes its decision. 

Santos announces new "sustainable"dividend policy Santos announces new "sustainable"dividend policy Santos announces new "sustainable"dividend policy Santos announces new "sustainable"dividend policy Santos announces new "sustainable"dividend policy

Santos announces first dividend since Gallagher took the helm

 
 
Payments have been suspended since 2015 as the company focused on reducing its net debt but it is now looking at payments from its free cash flow on a targeted range of 10%-30%,