Yes thanks Jeff and the team very happy long term holder.
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Yes thanks Jeff and the team very happy long term holder.
That's a nice divvie, happy to accept these for the foreseeable future :)
Yeah a nice day for a lockdown indeed when this 7 cents dividend jive with the 7% weighting of this stock on my portfolio.
Keep the good news coming this week :t_up:
Yes...great stock to own. One of the keys to income investing in retirement (or as one approaches retirement), is to find companies that can pay you excellent fully imputed dividends that grow over time.
HGH could easily pay 12 cps, (up from 11 cps in FY21) in fully imputed dividends in FY22 reflecting their forecast ~ 8% eps growth.
Its easy to take our imputation system for granted. The reality is not that many OECD countries have such a system.
Steady as she goes. This has been one of my better investments, it has grown to 10% of my portfolio at this point. With a forward PE of ~13.5 it is very tempting to make it 15%!
I am a happy holder too. Imputation credits certainly help to avoid double taxation of dividends. Instead of imputation credits, other OECD countries provide a personal income tax-free dividend allowance and personal investment and pension schemes with preferential tax regimes and the ability make before tax gross contributions.
Awesome result, great dividend stock to have in my portfolio. I started adding to my position from April last year until the end of the year and its become the biggest part of my portfolio now.
My only problem is if I want to reinvest or keep the cash (I'll likely reinvest).
I think the guidance is watered down a bit, but its a HGH thing they like to update. I actually prefer it this way, more upside in the future.
Muted reaction from market in terms of volume, bugger all so far, however price moved up exactly by divvy amount.
Seems to be an OK sort of result does it not?
Attachment 12877
The cat and the dog are both very contented but note even with paws folded I always keep my eyes open for more bargains
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You have to admire Jeff (and his finance team) for managing reported profit to expectations.
With ‘voluntary acceleration’ of some amortisation, proactive provisioning, clearing out some old debts and even the suspense account he still came in slightly over guidance. And see I didn’t mention the value they put on Harmoney (which went up)
Ang heck they are still holding the $9.5m covid overlay
Could have reported $100m plus if he wanted but heck why do that if punters are excited over $87m. Leave it all in the bottom drawer eh.
Only Grant Robinson has more little cubby holes of hidden cash …big difference is that Jeff’s bottom drawer is real, unlike Grant’s nebulous ones that need more debt to fill up.
WOW - Just noticed that there's no mucking about with the record 7 cent dividend. Its paid super quick and the shares go ex dividend on 31 August !
Maybe I am not the only one that's noticed this as the shares just hit a fresh all time high of $2.21 !
I think we're on our way to your $2.50 this time Winner :t_up:
Posted 14 June 2021.
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NB: Eyes closed means super contented state but nose is still working and looking for more dog food wherever it can be found.
spot on! HGH hit $2.27 high today
You are a very handsome chap (dog) Beagle - especially when you look so happy!
I'm very happy with my HGH holding and this year's result too but don't tend to leave my tongue hanging out quite so much - except when salivating about the upcoming divvie and the growth in the SP. :)
Beagle - think you can make font bigger than what used
$2.27