BOQ 1.32% $6.90 bank of queensland limited.

thanks for reminding me! the current yield is 7.6%FF, but it...

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  1. 5,760 Posts.
    lightbulb Created with Sketch. 111
    thanks for reminding me!

    the current yield is 7.6%FF, but it gets better.
    the CEO has virtually guaranteed last results that there will most probably be a special divvy as a result of the $65million sale to Freedom Insurance, where BOQ made a net profit of $8 million.

    also, their CET1 ratio target of 9.25% is well and truly covered now at 9.42%.

    they also seem to focus on low risk loans unlike the Big4.

    it was mentioned by a poster here,but i can't remember who, that their Business loans which are a major portion of their loan book, always performs much better during 2HFY!

    maybe that 100K is within my grasp.

    cheers crazypunter
 
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