timing to go short, most here got it so wrong!, page-30

Dividends last 4 FY's:
2009-228.0
2010-290.0
2011-320.0
2012-334.0
2013-?

I think with increased margin kept from rate cuts and easing of perceived GFC/Euro risk so less provisions maybe required, why not a divi jump like 2011. Say to $3.75-$3.90, interim say $1.65-$1.80! While were at it the ratio could increase with less perceived risk around.

All these and a buyer now would get 3 payments in 13 months approx. $1.70+$2.20+1.90 next year totaling 9.2% franked for just over a year!

Is it any wonder people move back to stock like this and TLS if in doubt.

Ab.