Heading towards that 600 peat mentioned
Cool!
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Heading towards that 600 peat mentioned
Cool!
Whether this meets the classic investment definition of a consumer staple or whether its a consumer essential, (tell someone who cares) as I couldn't care less as long as the price keeps going up and people keep buying the stuff, I'm happy :) Even if the price stays the same ad infinitum and they pay ~ 50 cents per annum in fully imputed dividends I'm as happy as can be :)
still tracking nicely
You watch, i will hold.;)
oh no craigs is only forecasting at most 40c in divs for the year meaning a final div of only 28c possibly well short of peoples expectations and a lowering of price target.
https://www.nzherald.co.nz/business/...ectid=12191876
https://www.marketscreener.com/Z-ENE...98/financials/
Thanks for posting bull, that's good news.
Average analyst expectations for dividends are
FY19 38.7
FY20 51.0
FY21 56.3
Craigs expectation of 40 cps for FY19 is slightly above the average analyst (and suggests a final divvy of 27.5 cps fully imputed) and its great to hear they are expecting an operational update from ZEL in the next couple of weeks.
I'm not complaining but the 24% increase in divi from '19 to '20 seems excessive. That said anything more than a year ahead's a usually something of a guess rather than writ in stone.
At the presentation i went to latter last year they est $20 million this year i think, in synergy savings from the chevron acquisition. Cant find the post to verify it its on sharetrader somewhere.