KME 3.41% 45.5¢ kip mcgrath education centres limited

Ann: Dividend/Distribution - KME, page-3

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  1. 172 Posts.
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    Better than bank interest for sure considering it’s the smaller of the 2 dividends paid. If history repeats we can expect a significantly bigger full year dividend in September. This one is a 50% rise on last years interim dividend so I’ll look forward to at least another 3c come yearly. That is not taking in the fact that they are still growing the ebita obviously. 4.5 c minimum fully franked ! Management are reaping the rewards of strategic moves evolving over past 8 years, and shareholders are clear winners for their patience.
    big thumbs up and look forward to the now annual profit upgrade forecast later in the year.
 
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45.5¢
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