CDD 6.00% 26.5¢ cardno limited

CDD pays 60% in earnings out in dividends, maxit has accumulated...

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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

 
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