IFL 0.48% $3.12 insignia financial ltd

Next Div, page-2

  1. 7,936 Posts.
    lightbulb Created with Sketch. 1554
    Strong FUMA inflows ... what are peoples views on the next div?
    I understand it was Board approved last week.
    Madamswer do you have a view?


    @catsecret,

    In the light of the company's financial update made on 18 May, which said that underlying net profit would be in-line with FY2015, I have little reason to expect that the final dividend for FY2016 will not be the same as the final dividend for FY2015, namely 28c per share.

    The balance sheet is well-primed for any possible acquisitions, so I don't think the board will feel any great need to keep any more powder dry.
 
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