I suspect a special divvy to pay out WPL's franking balance (US1.634Bn @ EoY) will be forthcoming once they sell down Scarborough - they have already reduced their gearing from 24% to 12% but I guess they also need retain sufficient ammunition for capex. in 2019/20 on the many prospects they have.
WPL Price at posting:
$35.51 Sentiment: Hold Disclosure: Held