SKE 0.00% $1.64 skilled group limited

Ann: Skilled Group to be acquired by Programmed, page-16

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,000 Posts.
    lightbulb Created with Sketch. 27
    SKE is expected to go ex-div on 16 Sept. As its essentially cost neutral to PRG, I would hope that SKE decide on a final divvy of 25c (ff, giving an effective pretax payout of $0.304.)

    If so, it makes it very persuasive to buy SKE right now on the yield alone, giving plenty of space below for a PRG SP drop. If the divvy is more in line with the last divvy (7.5c), its still an approx. 10% return.

    Two big IFs, though, so not risk free!
 
watchlist Created with Sketch. Add SKE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.