Home Sasol dividend fades as oil falls
 

Keywords :   


Sasol dividend fades as oil falls

2015-01-20 09:49:52| Chemicals - Topix.net

Dividend payouts from Sasol, the largest global producer of motor fuel from coal, will be under threat from next year should oil continue its retreat, according to Nedbank Capital. While the Johannesburg-based company would make payouts this year, the more than halving in the price of Brent since the end of June was cutting prospects beyond 2015, said Mohamed Kharva, a research analyst at the Nedbank Group unit, who has a buy recommendation on the stock.

Tags: oil falls dividend fades

Category:Chemicals

Latest from this category

All news

02.11Weekly Recap: Nippon Paint, AkzoNobel, PPG Top This Weeks Stories
01.11BASF TotalEnergies Petrochemicals Receives United Way Champions of Hope Award
31.10Nippon Paint Holdings to Acquire AOC from Lone Star Funds
31.10RPM Acquires TMP Convert
31.10AkzoNobels Largest European Solar Energy Plant Goes Live in Poland
30.10BASF Groups EBITDA Before Special Items Up from Q3 2023
30.10Axalta Reports Record Net Sales in 3Q 2024
30.10Zack Hays Joins Orion S.A. as Marketing Manager
Chemicals »
02.11Weekly Recap: Nippon Paint, AkzoNobel, PPG Top This Weeks Stories
02.11Subtropical Storm Patty Graphics
02.11Subtropical Storm Patty Forecast Discussion Number 1
02.11Subtropical Storm Patty Wind Speed Probabilities Number 1
02.11Subtropical Storm Patty Forecast Advisory Number 1
02.11Subtropical Storm Patty Public Advisory Number 1
02.11Summary for Subtropical Storm Patty (AT2/AL172024)
02.11Tropical Storm Lane Graphics
More »