Looking even better this year
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Looking even better this year
Exchange rate of 0.70 and margin halfway between 6 and 7 gives 31.5 mil NPAT for 2nd half based on profit matrix.
From HY NPAT of $11.6 mil, paid 312 mil shares 3c per share so 80% payout.
So if NPAT 31.5 mil for the HY, 80% would be 8c share dividend.
people are taking profits...
outstanding margin report there uplift blew my numbers so im upgrading my est of result to 55m - 60m profit so could afford a div between 10 - 15c
Morning
Current exuburance apart I tend towards your 10c - maybe a bit lower, but think the end of March $3.00 still is achievable. Until Trump has been sworn in Sat (NZ time) with all the demonstrating and rabble rousing it will entail, the US (and our) market will probably drift lower, so any turn up may be closer to release of declared divi. -d
Results last year about the 24th of February - so approx. 5 weeks to wait...