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28,706 Posts.
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25/11/12
21:28
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CDD pays 60% in earnings out in dividends, max
it has accumulated an additional $92m in debt this year, to bring the debt to $196m
40% of $76m in earnings = $30m for the year to reduce the debt, which is pretty good
my guess is CDD should be able to continue paying out 60% of earnings in dividends
also, earnings from acquisitions may kick in the 2nd half
keep a sharp eye on earnings guidance in the half-yearly report