thanks blackswan - you do have a good memory!
So my takeout is that TNE BoD is trying to do both:
A. steadily increase dividends (basically in line with profit rises); AND
B. get all franking credits paid out to shareholders (i.e. where they do most benefit),
and sometimes objective A gets a little ahead of the ability to make all divs 100% franked (probably due to treatment of R&D).
I like TNE's approach.
Ann: Update - Dividend/Distribution - TNE, page-7
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Last
$31.28 |
Change
0.390(1.26%) |
Mkt cap ! $7.662B | |||
| Open | High | Low | Value | Volume |
| $30.99 | $31.38 | $30.86 | $6.079M | 195.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 217 | $31.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.29 | 212 | 9 |
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| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| TNE (ASX) Chart |
