Monday January 27, 2020

Kenmare Resources looks to higher returns from 2021

25th August, 2019
Kenmare’s financial director Tony McCluskey: a case of ‘steady as she goes’

Shareholders in Kenmare Resources can expect higher returns from 2021 onwards after the Irish mining company last week announced its maiden dividend. The firm on Tuesday declared a maiden dividend of 2.66 US cents per share despite a 20 per cent drop-off in pre-tax profits from $28.8 million in the first half of 2018 to $22.8 million during the first six months of this year.

Speaking to The Sunday Business Post, Kenmare Resources financial director Tony McCluskey said it was a...

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