PBG 0.00% $1.15 pacific brands limited

Am I missing something here.If PBG's interim dividend was 3.1c...

  1. 40 Posts.
    lightbulb Created with Sketch. 4
    Am I missing something here.

    If PBG's interim dividend was 3.1c then is it foolhardy to expect a final div of the same or slightly greater amount?

    By my maths:

    Likely dividend return (0.031 + 0.031) = 6.2c (fully franked)

    Add the value of the franking credit = 8.9c per share


    so at the today's closing price it represents a dividend return of 10%+.

    So why the selling down?
 
watchlist Created with Sketch. Add PBG (ASX) to my watchlist

Currently unlisted public company.

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