Mali Seizes Barrick Gold as Junta Leader Claims Indefinite Rule
State helicopters landed ' unannounced ' and took the equivalent of about 35,000 ounces of bullion 'potentially for sale by the provisional administration — though that remains to be seen and the situation is evolving,' the Toronto-based Barrick said in a statement. The seized amount is worth about $117 million, with gold trading at around $3,324 per ounce on Friday.
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19 minutes ago
- Yahoo
Invicta Holdings Limited (JSE:IVT) Looks Interesting, And It's About To Pay A Dividend
Invicta Holdings Limited (JSE:IVT) stock is about to trade ex-dividend in three days. The ex-dividend date is two business days before a company's record date in most cases, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade can take two business days or more to settle. In other words, investors can purchase Invicta Holdings' shares before the 20th of August in order to be eligible for the dividend, which will be paid on the 25th of August. The company's next dividend payment will be R01.15 per share, and in the last 12 months, the company paid a total of R1.15 per share. Looking at the last 12 months of distributions, Invicta Holdings has a trailing yield of approximately 3.3% on its current stock price of R034.98. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to see whether the dividend is covered by earnings and if it's growing. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. Invicta Holdings paid out just 15% of its profit last year, which we think is conservatively low and leaves plenty of margin for unexpected circumstances. That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. Dividends consumed 51% of the company's free cash flow last year, which is within a normal range for most dividend-paying organisations. It's positive to see that Invicta Holdings's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. Check out our latest analysis for Invicta Holdings Click here to see how much of its profit Invicta Holdings paid out over the last 12 months. Have Earnings And Dividends Been Growing? Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. That's why it's comforting to see Invicta Holdings's earnings have been skyrocketing, up 49% per annum for the past five years. The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Invicta Holdings has seen its dividend decline 8.1% per annum on average over the past 10 years, which is not great to see. Invicta Holdings is a rare case where dividends have been decreasing at the same time as earnings per share have been improving. It's unusual to see, and could point to unstable conditions in the core business, or more rarely an intensified focus on reinvesting profits. The Bottom Line Is Invicta Holdings worth buying for its dividend? Earnings per share have grown at a nice rate in recent times and over the last year, Invicta Holdings paid out less than half its earnings and a bit over half its free cash flow. Overall we think this is an attractive combination and worthy of further research. Want to learn more about Invicta Holdings's dividend performance? Check out this visualisation of its historical revenue and earnings growth. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Washington Post
21 minutes ago
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How an obscure coup leader became a political icon
World How an obscure coup leader became a political icon August 16, 2025 | 5:53 AM GMT President Ibrahim Traoré is reshaping Burkina Faso. But critics say he's used Russian disinformation and repression to solidify his authoritarian rule.
Associated Press
2 hours ago
- Associated Press
In their words: Israeli leaders support the mass relocation of Palestinians from Gaza
President Donald Trump has said little about his idea of relocating many of the Gaza Strip's 2 million Palestinians to other countries since he stunned the world by announcing it in February. But Israel's leaders have run with it, and Prime Minister Benjamin Netanyahu at one point listed it as a condition for ending the 22-month war sparked by Hamas' Oct. 7, 2023, attack. He and other Israeli officials present it as a humanitarian measure allowing Palestinians to flee war and hardship, and say it should be voluntary. Israel has been in talks with African countries — many of which are themselves wracked by war and at risk of famine — about taking Palestinians in. Palestinians say there would be nothing voluntary about leaving part of their homeland with no guarantee of return after an occupying power has rendered much of it uninhabitable. Rights groups and much of the international community say it would amount to forcible expulsion in violation of international law. The issue is likely to take on greater urgency as Israel widens its military campaign to the last parts of Gaza that it hasn't taken over and largely flattened, and as large numbers of Palestinians flee once again. 'This is our land, there is no other place for us to go,' said Ismail Zaydah, whose family has remained in Gaza City throughout the war, even after much of their neighborhood and part of their home was destroyed. 'We are not surrendering,' he said. 'We were born here, and here we die.' Here's what Israel's leaders have said, in their own words. Defense Minister Israel Katz, in a Feb. 6 post on X 'I have instructed the (Israeli military) to prepare a plan that will allow any resident of Gaza who wishes to leave to do so, to any country willing to receive them. ... The plan will include exit options via land crossings, as well as special arrangements for departure by sea and air.' Netanyahu, addressing a Cabinet meeting on March 30 'Hamas will lay down its weapons. Its leaders will be allowed to leave. We will see to the general security in the Gaza Strip and will allow the realization of the Trump plan for voluntary migration. This is the plan. We are not hiding this and are ready to discuss it at any time.' Netanyahu, in a public address May 21 Israel will create 'a sterile zone in the southern Strip to which the civilian population will be evacuated from the combat areas, for the purpose of defending it. In this zone, which will be Hamas-free, the residents of Gaza will receive full humanitarian assistance.' 'I am ready to end the war — according to clear conditions that will ensure the security of Israel. All of the hostages will return home. Hamas will lay down its weapons, leave power, its leadership, whoever is left, will be exiled from the Strip, Gaza will be completely demilitarized, and we will carry out the Trump plan, which is so correct and so revolutionary, and it says something simple: The residents of Gaza who wish to leave — will be able to leave.' Netanyahu, in an interview with Israeli media on Aug. 12 'I think that the right thing to do, even according to the laws of war as I know them, is to allow the population to leave, and then you go in with all your might against the enemy who remains there.' 'Give them the opportunity to leave! First, from combat zones, and also from the Strip if they want. We will allow this, first of all inside Gaza during the fighting, and we will also allow them to leave Gaza. We are not pushing them out but allowing them to leave.' ___ Follow AP's war coverage at
