Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Scoopers. It takes a bit of nerve these days to invest in a big miner. Many of us have lost a packet as the world commodity market hit the skids a couple of years ago and has yet to recover to a comfortable level.
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Comments
Thom
Hasn’t the dividend been suspended/cancelled on Anglo American due to high debt and poor cash flow?
Malcolm Stacey
Thanks Thom. There seems to be mixed messages about the dividend, so please, please do your own research before thinking about this share. I rely on usually reliable sources, but there may have been mistakes made here. It’s hard to see how a high dividend is justified.