One of the shortest dividend suspensions for a while: HNG missed...

One of the shortest dividend suspensions for a while: HNG missed one div payment. A 9.5% annualised franked up DY is none too shabby at all.

Difficult to read their direction as the huge profitability turnaround, from -$21.4 to +$3.7M, is mainly due to the huge one-off writedowns last year. They say the underlying profit increased from $2.1M to $2.6M, a circa 23% increase on the back of a 2.4% increase in revenue, suggesting the cutting they did last year is working. Guess I'll have to read the full report.