Petra may return dividends early

[miningmx.com] – PETRA Diamonds may pay dividends earlier than planned, said BDLive citing the UK diamond firm’s CEO, Johan Dippenaar. This was after committing itself to a 5 million carat-a-year production target.

“The conditions already exist for us to consider bringing forward the dividend,” he said, adding it would have to be discussed by the board before any decision is made.

“If there are no opportunities out there we will follow a policy of returning cash to shareholders,” Dippenaar told the publication.

Click here to read the full article