BOQ 0.73% $6.94 bank of queensland limited.

Ann: BOQ delivers improved first half profit, page-129

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  1. 300 Posts.
    sold at 10.6.

    bought again at 9.9 2day.

    love the div yield.

    if big banks are gonna take a hit. ppl will move to smaller.

    ======

    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!
 
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$6.94
Change
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$6.89 $6.96 $6.88 $14.42M 2.079M

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