I think the 25.5c dividend is very good news for shareholders. I think it portends a reasonable outlook.
I think the dividend will probably stay at 25.5c at the full year unless conditions deteriorate and I expect them to maintain that as earnings increase (wishful thinking I know).
Having said that I would be more than happy for the dividend to drop to 60% to pay off the debt. The yield is still amazing. The key here is the bottom line...
I think the 25.5c dividend is very good news for shareholders. I...
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$3.17 |
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