Friday, October 24, 2014 12:21:24 PM
Here's some recent equity research I found from analyst Daniel Earle.
With the ramp up of Escobal having exceeded nominal design rates, discussion re Tahoe has turned to the potential dividend, with questions as to its rate, timing and sustainability in the context of a recently-weak silver price
In Daniel Earle's view, it would be an incredible achievement for a single-mine company to institute a significant dividend in the first year of its commercial production – in fact, he cannot recall another example of this in recent history
As to the potential dividend, Ron Clayton, the company's President and COO, suggested at a conference this past September that a potential dividend of $0.04/mth (~2%) could be paid beginning in December or early 2015
The silver price has since declined a little over US$1/oz; however, Daniel Earle views the implied payout ratio as being feasible and broadly in keeping with that suggested previously by the company's CEO, Kevin McArthur
Daniel Earle's forecast production profile suggests that, with all things being equal, we should expect a flat dividend of $0.48/yr through 2016 and modest growth to $0.55/yr by 2018
Recent THO News
- THOR Industries Announces Date for Its Fiscal 2024 Fourth Quarter Earnings Release • GlobeNewswire Inc. • 09/10/2024 10:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/08/2024 08:06:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/20/2024 10:00:20 AM
- THOR Industries Announces Regular Quarterly Dividend • GlobeNewswire Inc. • 06/19/2024 12:31:02 PM
- U.S. Index Futures Rise Ahead of Economic Data; Oil Prices Edge Higher • IH Market News • 06/05/2024 11:34:26 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/05/2024 10:33:34 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 10:31:16 AM
- THOR Industries Announces Third Quarter Fiscal 2024 Results • GlobeNewswire Inc. • 06/05/2024 10:30:00 AM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/30/2024 06:15:56 PM
- THOR Industries Announces Date For Its Fiscal 2024 Third Quarter Earnings Release • GlobeNewswire Inc. • 05/23/2024 08:49:41 PM
- THOR Industries Announces Regular Quarterly Dividend • GlobeNewswire Inc. • 03/26/2024 07:04:25 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 03/06/2024 11:33:31 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2024 11:31:17 AM
- THOR Industries Announces Second Quarter Fiscal 2024 Results • GlobeNewswire Inc. • 03/06/2024 11:30:00 AM
- U.S. Stock Futures Gain Ahead of Economic Insights; Oil Prices Climb • IH Market News • 03/06/2024 11:02:03 AM
- THOR Industries Announces Date For Its Fiscal 2024 Second Quarter Earnings Release • GlobeNewswire Inc. • 02/22/2024 11:30:00 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 09:10:32 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 09:35:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 11:31:13 AM
- THOR Industries, Inc. Names Jeffrey D. Lorenger to Its Board of Directors • GlobeNewswire Inc. • 02/05/2024 11:30:00 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:50:49 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/25/2024 06:48:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 09:21:29 PM
- THOR INDUSTRIES ANNOUNCES APPOINTMENT OF CHIEF HUMAN RESOURCES OFFICER • PR Newswire (US) • 01/23/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/18/2024 10:24:21 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM