Aug 19 (Reuters) - Saracen Mineral Holdings Ltd SAR.AX :
* DIVIDEND WILL BE DECLARED WHEN COMPANY HAS A MINIMUM NET CASH BALANCE OF A$150M
* TARGET DIVIDEND PAYOUT RATIO OF 20-40% OF NPAT REMAINS
* WILL NOT PAY A DIVIDEND IN RESPECT OF FY20
Aug 19 (Reuters) - Saracen Mineral Holdings Ltd SAR.AX :
* DIVIDEND WILL BE DECLARED WHEN COMPANY HAS A MINIMUM NET CASH BALANCE OF A$150M
* TARGET DIVIDEND PAYOUT RATIO OF 20-40% OF NPAT REMAINS
* WILL NOT PAY A DIVIDEND IN RESPECT OF FY20