SMH said it would come in at $240 million. Wrong. It is actually $264 million. The difference is that they are not going to payout a dividend above earnings so the divi has been reduced 8% from .339 to .31 which is incidently the predicted earnings per share. Great. I don't like companies paying out dividends more than earnings. In fact if a company is making more than bank interest I want the money reinvested in the company in the form of buy back or a wise core investment.
smh article was wrong...$264 million
Add MGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.07 |
Change
-0.020(0.96%) |
Mkt cap ! $8.167B | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.09 | $2.07 | $18.45M | 8.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 214787 | $2.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 179957 | 4 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.08 |
Change
-0.020 ( 0.19 %) |
||||
| Open | High | Low | Volume | ||
| $2.09 | $2.09 | $2.07 | 1173686 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| MGR (ASX) Chart |