SXL 0.94% 53.5¢ southern cross media group limited

Half yearly results this Friday ...and last year it was...

  1. 5,305 Posts.
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    Half yearly results this Friday ...and last year it was basically flagged they intended to continue paying down debt , maintaning areas where they had a position and targeting new growth .
    Plus they got refinanced .
    Plus if they pay a 7.8c dividend this year, that’s a yield of 7.1% on current prices according to Commsec .

    I bought the other day too - on the expectation of good news and dividend and am very pleased that we just put on close to 6% in one day !
 
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