REH 0.00% $23.72 reece limited

I would prefer reh and almost all my companies that generate...

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    I would prefer reh and almost all my companies that generate high roe to retain all their profits as that way I would only pay 25% tax when I eventually sell them rather than having to pay 48% tax on the gross dividends. I also expect the shares would be cheaper as not many others would be happy about that setup. Why would you prefer a lower payout ratio?
 
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