my comment was in relation to recent yrs , i do not consider prior to that as relevant anymore as the business environment was totally different
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my comment was in relation to recent yrs , i do not consider prior to that as relevant anymore as the business environment was totally different
so if 22 full yr div is less then 35c then last few yrs are up down up down maybe a pattern or will it revert to long term decline like way back ( still to be decided ) lets see how costco go
If its not for you that's fine bull. I'm really impressed with their dividend track record across a range of business cycles.
Of course things got lumpy during Covid, like they have for almost everyone else.
1 store of Costco that's running well behind schedule. I'm really scared lol
Can you name me a single other company on the NZX that's forecast to pay more than 10% gross average yield in FY23 and FY24 ?
Please, I am all ears if you can name any other company paying that !
Maybe Nick has to have a few chinwags with Greg Foran to get some Walmart ideas
Yes there are some headwinds and I've acknowledged that many times. Its a forecast, and no forecast is a certainty but again, I would refer you to their superb long term track record of strong dividend payments across many business cycles. The best and most reliable guide to the future is the past.
As I said before a high dividend yields usually do not last, so either the dividend is cut or the share price increases, I think the latter!
You don't get a bargain all the time at the sheds - a cereal we buy $7.50 at WHS and $5.99 at the supermarket
Classic dividend trap?
WHS margins are going to be squeezed big time in the next couple of years
Why would you say that?
Transport costs already on the downtrend.
Fuel cost will go down as well (after the big reshuffle of the oil sources)
Rent and property prices will stagnate (or even drop a bit) - this started as well
Product cost will be the same (or less - big buyer) as what their competitors are paying
So - why do you think their margins will be squeezed?