NO reason to expect MND to reduce the payout ratio , or the profit numbers
The market is bad but is was bad before the 2015/16 commenced and MND have won far more contracts than would of been expected
On that basis a yield on 92 cents dividend is looking very nice indeed at $6.20 14.8% fully franked .
I hope they use the cash to buy back shares this time and blow the shorts up once and for all.
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$11.67 |
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2 | 51 | 11.400 |
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---|---|---|
11.090 | 132 | 1 |
11.160 | 44 | 2 |
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11.670 | 1900 | 1 |
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