Compared to the pcp, the dividend has increased. Then 6cents unfranked, now 3.5c fully franked.
Based on the company's guidance, I would expect further improved payout in 6mths.
Seems to me it's the LGC related $37mil tax adjustment that has restricted 'your' dps amount in this result.
Otherwise I am encouraged by the figures, and more so by the outlook, especially given this management is generally not given to fluffing the figures. (Unlike say a VOC, who sad to say I am still partially saddled with)
Early market trend this mornings maybe concurs.
EPW Price at posting:
$1.34 Sentiment: Hold Disclosure: Held