Agree with your sentiments Paydirt7 but you can't assume...

Agree with your sentiments Paydirt7 but you can't assume dividends will be maintained at those levels. Notwithstanding any tailwinds from Tasmania's growing economy, it is clear from their latest Investor Presentation that higher funding costs are eroding net interest margin.: Lower profitability resulted in management increasing the dividend payout ratio to 103%. The risk of maintaining the dividend at current levels is increasing and will ultimately be determined on their spend on enhancing their digital capabilities and investment in funds management capabilities.